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