1105 Riverside Ave Medford, OR 97501-4616
- Commercial real estate
- 8,772 SF
- 0.27 lot acres
Nov 09, 2020
Current Use by Public Records
- Commercial real estate
Property Details for 1105 Riverside Ave
- Lot size
- 0.27 lot acres
- Property size
- 8,772 SF
- Zone code
- C-C
- Property type
- Commercial real estate
- APN
- 1-0387447
- APU
- 10387447
Description
This well-established Medford, Oregon music store, operating since 1975, offers a unique opportunity for a buyer. The 9,120 square foot property includes a sales floor, a leasable concert room (964 sq ft), offices, and substantial storage (3,078 sq ft). The business has consistently shown year-over-year profitability, weathering economic downturns. Currently operating as a traditional brick-and-mortar store, significant upside potential exists by expanding into online sales, optimizing inventory, or subleasing excess space. The current owner is ready for retirement, presenting a chance to acquire a proven business with a long history in the Rogue Valley. The property is located at 1105 N Riverside Ave, Medford, OR 97501, and includes 7 parking spaces. The lease commenced January 24, 1975, and is a gross lease with a credit-rated tenant. Financial details are available upon request after a non-disclosure agreement is signed. The business is classified as a Class B property and is a single-tenant occupancy. The asking price is $100,000. A consultation period with the current owner is available. Buyer to complete due diligence.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $270,000
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Location Insight
- Map
- Local Demand
- City
- Medford
- County
- Jackson
- State
- Oregon
- Longitude
- -122.876
- Latitude
- 42.337
- CBSA code
- 32780
- CBSA name
- MEDFORD, OR METROPOLITAN STATISTICAL AREA
