1501 Sage RD Active Save Request In-Person Tour Request Virtual Tour
Medford,OR 97501
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 15,000 sqft
Price per Sqft $183
MLS Listing ID 220191507
Year Built 1996
Annual Tax Amount $19,981
Lot Size 0.960 Acres
Property Description
Attention Investors, 9.7% CAP RATE. Here is a fantastic cashflow opportunity. This is 3 buildings Consisting of 15,000 SQFT gross rentable area on a .96 Ac lot zoned IG (General Industrial). Gross RENTS with long term tenants are $25,500/Mo with a 12.44% expense ratio. 1501 A/B/C is currently leased as a recently remodeled restaurant, 1503 and 1505 A/B/C/D are leased for manufacturing and storage. Recent updates are new HVAC systems, remodeled restaurant and fire suppression system in BLDG 1503.
*Businesses are not for Sale, Real Estate only*
Location
State OR
County Jackson
Interior
Heating Ductless,Electric,Forced Air,Natural Gas,Wall Furnace
Cooling Ductless,Central Air
Exterior
Parking Features Asphalt,Concrete,Gated,Shared Driveway,Parking Lot
Roof Type Membrane,Rubber
Building
Lot Description Drip System,Landscaped,Sprinkler Timer(s),Sprinklers In Front
Foundation Block,Concrete Perimeter,Slab,Stemwall
Water Public,Water Meter
Structure Type Concrete,Frame,Steel Framing
New Construction No
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard