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Office Units Near Courthouse
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502 W Main St, Medford, OR 97501

Flexible layout supports separate leasing of two suites with shared building amenities.

Space SizeContact for details
Days on Market11

Property Features for 502 W Main St

General Information

Standard status Active
Lease Type NNN

Space & Availability

Divisible Yes
Space Use Office

Building Details

Year Built 1942
Listing Agency: Windermere Van Vleet & Assoc2
Listed By: Robert Methvin · License #791100078
Source: Marygilbertgroup
Added: Aug 22 Changed: Aug 31 Last Checked: Aug 31 at 7:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Windermere Van Vleet & Assoc2

Investment Insights

Based on property information with market context.

This office property at 502 W Main St features a practical configuration for professional users, with approximately 22 private offices, 4 restrooms, a storage room, and 2 primary entrances. Available space can be arranged as 2 separate suites, allowing the premises to accommodate distinct occupants within the same building. Constructed in 1942, the property is positioned near the Courthouse and other municipal buildings in Medford. The suite layout and existing office infrastructure provide a defined setting for businesses seeking space in a civic-oriented area.

Key Highlights

  • Approximately 22 private offices
  • 2 suites available for separate leasing
  • 4 restrooms and a dedicated storage room

Property Analytics

Current Use

Coldwell Banker Pro ... Real Estate Agency Steve Kircher Coldwell ... Real Estate Agency Matt Barnes Broker Real Estate Agency Church of Many Colors Church Therese Macgregor - Coldwell ... Real Estate Agency

Suggested Use

Top Pick Florist Butcher Locksmith Mobile Phone Store Veterinary Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,947
Businesses Nearby

Demographics for 97501, OR

47,519
Population
19,370
Households
2.5
Avg Household Size
37
Median Age
20%
College-Educated
90%
High-School Grad
45.3 sq mi
ZIP Area
1,049
Density / Sq Mi
$61,971
Median Household Income
$36,471
Median Earnings
$1,238
Median Rent
$325,200
Median Home Value

Market

Lease Benchmarks for Medford, OR

$14.93 /SF/Yr
Avg Asking Price
$4.64–$22.67 /SF/Yr
Price Range
6,306 SF
Avg Space Size

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Flexible layout supports separate leasing of two suites with shared building amenities.
Where is this office units located?
The property is located at 502 W Main St Medford, OR.
What are key features of this property?
This property features: Approximately 22 private offices; 2 suites available for separate leasing; 4 restrooms and a dedicated storage room
More about this property
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