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    34 Fir St Medford, OR 97501

    For Sale
    $1,750,000

    Prime Location, Multi-Tenant Office

    Property size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity presents a two-building, multi-tenant office complex ideally situated in Downtown Medford, Oregon. The property encompasses 20,000 square feet across two buildings constructed in 1907 and 1937, featuring a blend of creative and traditional office spaces. Currently housing two tenants, including SOP TV and Pacific Bible (both tax-exempt), there is 7,482 square feet of ground floor space available for lease or owner-occupancy. The property boasts 14 parking spaces and sits on a 0.4-acre lot, zoned C-C. The buildings are located near City Hall and the County Courthouse, offering high visibility and convenient access to essential services. While situated in the Historic District, the property is not officially designated as a historical landmark. Structural enhancements include three shear walls added in 1993. The asking price is $1,750,000, translating to $87.50 per square foot. This is a NNN lease property with four units across two stories. The property's APN numbers are 10994723, 10994724, 10994725, 10994726, 10994727, 10994734, 10994735, 10994736, and 10994737. This presents a unique chance to acquire a well-located, established commercial property in a thriving downtown area.

    Property Features for 34 Fir St

    General Information

    Property type
    Office space
    Square Feet
    20,000 SF
    Class
    B
    Lot Size
    17,424 SF

    Building Details

    Buildings
    2
    Stories
    2
    Units
    4

    HighLights

    • Two‑building, 20,000 SF multi‑tenant office complex in Downtown Medford, OR.
    • 7,482 SF of ground floor space available for lease or owner‑occupancy.
    • 14 parking spaces on a 0.4‑acre lot, C‑C zoning.
    • Located near City Hall and County Courthouse, high visibility.
    • Asking price: $1,750,000 ($87.50/SF).
    Property Profile Insight Report 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, Multi-Tenant Office
    Where is this office space located?
    The property is located at 34 Fir St Medford, OR.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: Two-building, 20,000 SF multi-tenant office complex in Downtown Medford, OR.; 7,482 SF of ground floor space available for lease or owner-occupancy.; 14 parking spaces on a 0.4-acre lot, C-C zoning.
    Request Owner's contact information
    34 Fir St Medford, OR 97501
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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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