Active

1501 Sage Road

Medford OR, 97501

$2,999,000


$199.93 per sqft

Active

15,000 sqft

Other

Built in 1996

Courtesy of eXp Realty, LLC, Rutledge Property Group

Attention Investors, 9% 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*

220191507

MLS ID

October 17, 2024

Listed

November 23, 2024

Updated

Map

1501 Sage Road
Medford OR, 97501

Interior Features

Total Stories

1


Floor Description

Carpet, Concrete, Tile, Vinyl


Fireplace

Yes


Cooling

Yes


Cooling Description

Central Air, Ductless


Heating

Yes


Heating Description

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

Exterior/Building Features

Lot Size

0.96 Acres


Exterior Features

Storage


Lot Features

Drip System, Landscaped, Sprinkler Timer(s), Sprinklers In Front


Roof

Membrane, Rubber


Sewer

Public Sewer

School Information

School District

Square Feet

Other Property Details

Taxes

$19,981


Tax Frequency

Annually


Days on Market

36


Garage

No


Parking

Asphalt, Concrete, Gated, Parking Lot, Shared Driveway


Parking Total

31


View

Yes


View Description

Territorial


County

Jackson


Municipality

8


Water Source

Public, Water Meter


Pool

No


Zoning

I-G

Green Building Features

Green Features

None

 

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Data last updated 2:12 AM UTC, 11/23/2024

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