1237 N Riverside Avenue, Medford, OR 97501

$3,170,000
Property Type: Commercial Sale Square Footage: 33,728 Lot Size (sq. ft.): 115,870 Status: Closed
Current Price: $3,170,000 List Date: 3/10/2022 Last Modified: 11/03/2024

Overview

Description

The Cobblestone Village is available. This is a large center with a mix of office and retail components located within an Opportunity Zone in Medford, Oregon. This property includes approximately 33,728sf of buildings on 2.66ac with off the street parking and an additional 0.12ac lot across Niantic St. The Center fronts to N. Riverside Ave. which has a traffic count of 14,000ADT according to the City of Medford (Year: 2018).

Listing Details MLS# 220101099

General Property Information

Building Area Total
33728
Building Area Source
Assessor
Building Area Units
Square Feet
# of Units Total
30
Year Built
1984
New Construction YN
No
Zoning
C-C
Tax Annual Amount
41860
Tax Year
2019
CC&R's YN
No
FIRPTA YN
No
Sign On Property YN
No

Property Features

Additional Features: Bath Common Area; Common Area Basement: None Common Walls: 2+ Common Walls Construction Materials: Brick; Concrete; Frame Cooling: Heat Pump Flooring: Carpet Foundation Details: Slab Heating: Heat Pump; Natural Gas Levels: Multi/Split Roof: Asphalt; Built-Up Parking Features: Asphalt; Concrete; Parking Lot Road Surface Type: Paved Power Production: None Sewer: Public Sewer Water Source: Public Listing Terms: Cash; Conventional Special Listing Conditions: Standard

Location Tax and Legal

Street Number
1237
Street Dir Prefix
N
Street Name
Riverside
Street Suffix
Avenue
County
Jackson
State
OR
Postal Code
97501
Subdivision Name
N/A

Contract Information

Original List Price
3000000
Listing Contract Date
2020-05-11

Remarks and Miscellaneous

Public Remarks
The Cobblestone Village is available. This is a large center with a mix of office and retail components located within an Opportunity Zone in Medford, Oregon. This property includes approximately 33,728sf of buildings on 2.66ac with off the street parking and an additional 0.12ac lot across Niantic St. The Center fronts to N. Riverside Ave. which has a traffic count of 14,000ADT according to the City of Medford (Year: 2018).
Directions
Heading North on Riverside Ave. the property will be located on the left between Manzanita St. and Walnut St.

Status Change Information

Close Date
2022-06-15
Under Contract Date
2022-03-18
Status Change Timestamp
2022-06-16
Close Price
3170000
Sold Price per SqFt
93.99

More Information

Currently Not Used

List Price per SqFt
103.77

Business Details

Business Included?
No

Parking Details

Parking
Yes
# of Parking Spaces
130
Vehicles/Average Daily Traffic
14000
Listing Office: Pulver and Leever Real Estate
Last Updated: November - 03 - 2024
Information deemed reliable but not guaranteed.