117 S Central Ave, Medford, OR, 97501

Downtown Professional Office Building in Medford - 117 S Central Ave

Exclusively listed for sale — Welcome to 117 S Central Ave

Downtown Professional Office Building in Medford - 117 S Central Ave
Property Details

Downtown Professional Office Building

Merit Commercial Real Estate is pleased to exclusively present 117 S Central Avenue, a professional office building located in beautiful downtown Medford, Oregon (the "Property"). The Property is located in the center of downtown Medford on one 0.29 acre parcel. The building is a local icon, previously used as an instructional facility for Rogue Community College with high foot-traffic and visibility.

The building itself consists of ±39,435 SF spanning over three full floors and one partial mezzanine. The layout is currently for instructional use but could accommodate for a wide variety of uses such as a professional office or retail. The basement level consists of ±12,500 SF and includes additional classrooms, computer labs, staff rooms and much more.

The first floor is ±12,435 SF and second floor is ±12,500 SF. Both floors feature multiple office rooms, open workspaces, conference rooms, restrooms, room for storage, and much more. The building also features a bright ±2,000 SF mezzanine between the first and second floor.

Outside, the Property enjoys shared alleyway access off of E 8th Street and E 9th Street as well as on-street parking.  Prospective buyers should note that while the building was originally constructed in 1928, the facility has gone through extensive cosmetic and structural overhauls including a large remodel in 2001 with a seismic retrofit.

A key highlight of the Property is its central location, overall high visibility and abundant parking (see pg. 5 for more details). The Property is centered in the middle of downtown Medford and is surrounded by a diverse mix of retail and educational facilities including Rogue Community College, the Craterian Theater, Jackson County Library and much more. The opportunity at 117 S Central Avenue is clear for prospective buyers.

The Property is well maintained and has an extremely flexible office layout. With a central location and high-visibility, the Property could also be used for retail uses.Buyer is responsible for any and all due diligence.

Contact the listing brokers today for additional information.

Property Info

Price

$3,490,000

Property Type

Office

Building SQ Feet

39,435

Lot Acres

0.29

Representation

Seller

Date Sold