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    229 Stewart Ave Medford, OR 97501

    Sponsored
    For Lease
    $21 SF/Yr ($12,447 /Mo)

    6,802 SF Medical Office - Available Now

    Lot size:
    6,802 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6,802-square-foot Class A medical office building is situated on a prominent 1.54-acre lot at 229 W. Stewart Ave, Medford, Oregon (97501), near the intersection of Holly Street. Built in 2000, this single-story building is currently vacant and ready for immediate occupancy. The property boasts a single-tenant configuration, ideal for a medical practice seeking a substantial and well-appointed space. The interior is designed to accommodate various medical uses, featuring multiple exam rooms, private offices, a reception area, and a waiting room. The listed square footage includes the building's common entry and shared waiting area. The property is zoned C-C/RZ. The Assessor's Parcel Number (APN) is 10426519. This is a rare opportunity to secure high-quality medical office space in a desirable location. The owner is willing to offer tenant improvement (TI) allowances based on lease terms and the tenant's financial qualifications. Tenant and use are subject to owner approval. This property presents a unique chance to establish or expand a medical practice in a thriving area of Medford. Don't miss this chance to secure this exceptional medical office building.

    Property Features for 229 Stewart Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,802 SF
    Class
    A
    Total Rate
    12447.66

    Building Details

    Year Built
    2000
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    6,802 SF
    Rate per SF
    $21

    HighLights

    • 6,802 SF Class A medical office building on a 1.54‑acre lot at 229 W. Stewart Ave, Medford, OR 97501.
    • Single‑story building, built in 2000, currently vacant.
    • Single‑tenant configuration, ideal for medical practice.
    • Features multiple exam rooms, private offices, reception, and waiting areas.
    • Zoned C‑C/RZ, APN 10426519.
    • Tenant improvements (TI) allowance available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Ashley S. ... Family Practice Physician Collins Dea N Nurse Practitioner Family Practice Group Medical Center Rogue Valley Physicians, ... Medical Clinic Family Practice Group: ... Internist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Jackson
    State
    Oregon
    Longitude
    -122.8659743
    Latitude
    42.3125047

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    FAQs

    What type of property is this?
    Medical office - 6,802 SF Medical Office - Available Now
    Where is this medical office located?
    The property is located at 229 Stewart Ave Medford, OR.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: 6,802 SF Class A medical office building on a 1.54-acre lot at 229 W. Stewart Ave, Medford, OR 97501.; Single-story building, built in 2000, currently vacant.; Single-tenant configuration, ideal for medical practice.
    Request Owner's contact information
    229 Stewart Ave 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

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    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
    229 Stewart Ave Medford, OR 97501
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