1256 Riverside AveMedford, OR 97501

For Sale
$799,999

Two-building flex space, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
97
This exceptional investment opportunity presents two buildings totaling 2,529 square feet on a 0.32-acre corner lot in Medford, Oregon. Located at 1256/1258 S Riverside Ave, this property boasts high visibility and traffic in a developed C-1 zoned commercial area. The buildings offer distinct opportunities: 1258, a 1,404 square foot structure, features recently updated water lines, new plumbing (completed by a licensed plumber), a new commercial electrical system, and two garage doors. In contrast, the 1,125 square foot 1256 building includes two roll-up doors and requires renovation, presenting a chance for customization and added value. Both buildings are currently vacant. The property's four loading docks enhance its functionality. Built in 1991, this single-story property offers significant potential for investors or business owners seeking a strategic location with existing infrastructure. The asking price is $799,999, with a price per unit of $399,999.50. The property includes two tax lots (APN: 10378829, 11008437, 10378837) and features a 10-foot ceiling height. This is a rare chance to acquire a well-positioned commercial property with substantial upside potential.

Highlights

  • Prime .32-acre corner lot at 1256 & 1258 Riverside Dr, Medford, OR.
  • C-1 zoning allows diverse commercial uses in a thriving commercial area.
  • Two buildings: 1,404 sq ft building with new water lines, plumbing, and electrical; and a 1,125 sq ft building needing renovation, featuring two roll-up doors.
  • High visibility and traffic on Riverside Dr.
  • Strong investment opportunity with significant upside potential.
  • Contact your realtor for details and showings.

Property Details for 1256 Riverside Ave

Property type
Other industrial properties, Flex space
Square Feet
2,529 SF
Year Built
1991
Buildings
2
Stories
1
Lot Size (sq. ft)
13,939 SF
Units
2

Location Insight

City
Medford
County
Jackson
State
Oregon
Latitude
42.3135747
Longitude
-122.8615219
1256 Riverside Ave, Medford, Oregon
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1256 Riverside Ave
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