Rare multi-tenant industrial property now available! 6 current tenants occupying 7 total independent spaces (one tenant occupies space in both the front and back buildings). The main building is just over 12,000 SF with 3 tenant spaces, and an additional approximately 3,000 SF of enclosed, sprinkled and lighted storage area w/roll-up doors. The back building is approximately 9,200 SF with 4 tenant spaces. Situated on ~1.43 Acres with 3-Phase power, roll-up doors to all units and a fenced/shared yard. Owners occupy one of the units, and all other tenants are on month-to-month leases. Many tenants have been long-time renters. Current Monthly Rental income of $11,425 ($137,100 annually). Please do not disturb tenants. Contact listing Broker for additional information and to arrange tours. **Exclusion to Listing - Medford Countertops/Mark Cox''
- Price:
- $2,000,000
- Acreage:
- 1.43
- Year Built:
- 1980
- Listing ID #:
- 220111899
- Street Address:
- 1679 Sage Rd # 101
- City:
- Medford
- State:
- Oregon
- Postal Code:
- 97501
- County:
- Jackson
- Listing Status:
- Active
- Listing Type:
- Commercial
- Building Security:
- Fire Sprinkler System
- Construction Description:
- Steel Framing
- Flooring:
- Concrete, Tile
- Foundation:
- Slab
- Interior Features:
- Laminate Counters, Smart Lighting, Smart Locks, Smart Thermostat
- Stories:
- One
- Type Of Roof:
- Metal
- Unit 1 Monthly Rent:
- 3400.00
- Unit 2 Monthly Rent:
- 4000.00
- Unit 3 Monthly Rent:
- 1500.00
- Unit 4 Monthly Rent:
- 675.00
- Year Built:
- 1980
- Conforms To Zoning:
- L-I
- Lot Square Footage:
- 62291.00
- Section:
- Not Applicable
- Days On Market:
- 170
- Terms:
- Cash, Conventional
- Cross Street:
- Brian Way
- Street Type:
- Road
- Property Taxes:
- $13,031
- Tax Year:
- 2020
- Tenant Pays:
- Common Area Maintenance, Electricity, Gas, Interior Maintenance, Other, Repairs
- Parking Description:
- Gated, Parking Lot
- Cooling System:
- Central Air, Heat Pump
- Existing Water:
- Public
- Heating:
- Electric
- Sewage Type:
- Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: William J Leever of Pulver And Leever Real Estate