117 S Central Avenue, Medford, OR 97501

$3,490,000
Property Type: Commercial Sale Square Footage: 39,435 Lot Size (sq. ft.): 12,632 Status: Active
Current Price: $3,490,000 List Date: 1/08/2026 Last Modified: 6/18/2026

Overview

Description

Very well maintained building with office or retail uses in the Federal Opportunity Zone. Possible redevelopment project. Full seismic upgrade. 2 Stories plus a full basement and a mezzanine. Poured in place concrete construction with stucco with wood beam roof and a built up roof covering. Currently configured as a instructional facility.

Listing Details MLS# 220166445

General Property Information

Building Area Total
39435
Building Area Source
Assessor
Building Area Units
Square Feet
# of Units Total
Yes
Year Built
1928
New Construction YN
No
Zoning
C-C
Tax Year
2022
CC&R's YN
No
FIRPTA YN
No
Sign On Property YN
Yes

Property Features

Additional Features: ADA Comply; Bus Service or Stop; Mezzanine; Office Space; Separate Electric Meters; Separate Gas Meters Basement: Full Common Walls: 1 Common Wall Construction Materials: Concrete Cooling: Central Air Flooring: Carpet; Tile; Vinyl Foundation Details: Concrete Perimeter Heating: Zoned Levels: Three Or More Roof: Built-Up Security Features: Security System Owned Utilities: Electricity Connected Parking Features: Alley Access; On Street; Parking Lot Sewer: Public Sewer Water Source: Public Listing Terms: Cash; Conventional Special Listing Conditions: Standard

Location Tax and Legal

Street Number
117
Street Dir Prefix
S
Street Name
Central
Street Suffix
Avenue
County
Jackson
State
OR
Postal Code
97501

Contract Information

Original List Price
3490000
Listing Contract Date
2023-06-19

Remarks and Miscellaneous

Public Remarks
Very well maintained building with office or retail uses in the Federal Opportunity Zone. Possible redevelopment project. Full seismic upgrade. 2 Stories plus a full basement and a mezzanine. Poured in place concrete construction with stucco with wood beam roof and a built up roof covering. Currently configured as a instructional facility.

Status Change Information

Back on Market Date
2025-08-13
Status Change Timestamp
2026-01-08

More Information

Currently Not Used

List Price per SqFt
88.5

Business Details

Business Included?
No

Parking Details

Parking
Yes
# of Parking Spaces
55
Listing Office: Merit Commercial RE, LLC
Last Updated: June - 18 - 2026
Information deemed reliable but not guaranteed.