853 Riverside Ave Medford, OR 97501
- Warehouses
- 11,040 SF
- 0.72 lot acres
Current Use by Public Records
- Wall Auctioneers / Trade Show Venue / (Bike/Boat/Book/etc) Store
- Eads Moving & Storage / Moving Company
- Rogue Valley Storage Co / Storage Facility
Property Details for 853 Riverside Ave
- Year built
- 1964
- Lot size
- 0.72 lot acres
- Property size
- 11,040 SF
- Zone code
- C-H
- Property type
- Warehouses
- APN
- 1-0945495
- APU
- 10945495
Description
This exceptional investment opportunity presents a 51,000 square foot warehouse complex situated on a 3.45-acre lot at 853 S Riverside Avenue in Medford, Oregon. The property boasts four separate buildings, strategically located within Medford's central business district, offering easy access via Riverside Avenue. The complex enjoys a high occupancy rate of 88%, currently housing a diverse tenant base including an appliance parts store, a towing company, a marketing firm, and cannabis-related businesses. This stable, high-yield investment is characterized by its strong, long-term tenants, minimizing vacancy risk and maximizing return. The buildings feature excellent roof conditions and flexible ceiling heights, providing adaptability for a variety of commercial uses. The property's prime location in a high-demand industrial zone ensures continued strong rental income potential. This is an ideal opportunity for investors seeking a reliable, hands-off investment with significant long-term growth prospects. The property is offered at $4,235,000. Please note that tenant contact is prohibited.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Medford
- County
- Jackson
- State
- Oregon
- Longitude
- -122.863
- Latitude
- 42.3196
- CBSA code
- 32780
- CBSA name
- MEDFORD, OR METROPOLITAN STATISTICAL AREA