1256 Riverside Ave Medford, OR 97501-7848

Property Details for 1256 Riverside Ave

Lot size

0.20 lot acres

Property size

1,125 SF

Zone code

C-C

Property type

Office Properties & Spaces

APN

1-0378829

APU

10378829

Description

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.