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    34 Fir St Medford, OR 97501

    Sponsored
    For Lease
    $7 SF/Yr ($12,000 /Mo)

    Prime location, multiple suites available

    Lot size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 34 S Fir St in Medford, Oregon, presents a unique investment opportunity. The complex consists of two buildings totaling 20,000 square feet, situated on a 0.4-acre lot. Built in 1907, this two-story structure boasts a blend of creative and traditional office spaces, currently offering three available suites ranging from 3,110 to 4,962 square feet. A significant portion of the building (12,454 square feet) is currently vacant, providing substantial potential for expansion or lease income. The property features 14 total parking spaces and elevators for convenient access. Currently, portions of the building are occupied by SOP TV and Pacific Bible. The property is zoned C-C and is located in Medford's historic district, though not officially designated as a historical landmark. Its prime downtown location offers unparalleled proximity to City Hall and the County Courthouse, ensuring high visibility and accessibility. The property's APN numbers are 10994723, 10994724, 10994725, 10994726, 10994727, 10994734, 10994735, 10994736, and 10994737, within Jackson County. This property offers a rare chance to acquire a well-situated, established commercial building with significant upside potential in a thriving Oregon city.

    Property Features for 34 Fir St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,000 SF
    Total Rate
    12000

    Building Details

    Year Built
    1907
    Buildings
    2
    Stories
    2

    Unit(s) available at that property

    Space
    N. 1/2 ground floor
    Size
    4,382 SF
    Rate per SF
    $7
    Space
    SE. 1/4 ground floor
    Size
    3,110 SF
    Rate per SF
    $7
    Space
    S. 1/2 2nd floor
    Size
    4,962 SF
    Rate per SF
    $9

    HighLights

    • Exceptional investment opportunity: Two‑building, 20,000 SF commercial complex on a 0.4‑acre lot in Medford, OR.
    • Three available suites (3,110 - 4,962 SF) in a two‑story building (1907 construction).
    • Significant vacancy (12,454 SF) offers substantial upside potential.
    • 14 parking spaces and elevators. Currently partially occupied.
    • Prime downtown Medford location near City Hall and County Courthouse; zoned C‑C.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ksys Television Station

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Jackson
    State
    Oregon
    Longitude
    -122.874032
    Latitude
    42.3248194

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    FAQs

    What type of property is this?
    Office space - Prime location, multiple suites available
    Where is this office space located?
    The property is located at 34 Fir St Medford, OR.
    What is the lease rate?
    The lease rate is $7-$9 SF/Yr.
    What are key features of this property?
    This property features: Exceptional investment opportunity: Two-building, 20,000 SF commercial complex on a 0.4-acre lot in Medford, OR.; Three available suites (3,110 - 4,962 SF) in a two-story building (1907 construction).; Significant vacancy (12,454 SF) offers substantial upside potential.
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    Medford, OR 97501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    34 Fir St Medford, OR 97501
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