OR > Medford
Medford, OR 97501,1501 Sage RD
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Medford, OR 97501,1501 Sage RD
Medford, OR 97501,1501 Sage RD
Medford, OR 97501,1501 Sage RD
Medford, OR 97501,1501 Sage RD
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Ellie George

Ellie George

Ellie George Crew

+1(541) 601-9582
$ 2,750,000
Est. payment /mo
Save
Price Dropped by $249K

1501 Sage RD Medford, OR 97501

15,000 SqFt

UPDATED:

02/04/2025 07:05 PM

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

Acres 0.96

Lot Dimensions 0.96

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

Direction West on Mcandrews over the bridge, RT on Sage. property is on the LT.

Rooms

Basement None

Interior

Heating Ductless, Electric, Forced Air, Natural Gas, Wall Furnace

Cooling Ductless, Central Air

Window Features Aluminum Frames,Double Pane Windows

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

Entry Level One,Multi/Split

Foundation Block, Concrete Perimeter, Slab, Stemwall

Water Public, Water Meter

Structure Type Concrete,Frame,Steel Framing

New Construction No

Others

Senior Community No

Tax ID 10803371

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Oregon Data Share
Listed by eXp Realty, LLC
agent
Ellie George

Principal Broker/Owner | License ID: 200502069

+1(541) 601-9582 | [email protected]

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