3156 State Street, Medford, OR 97504

$2,050,000
Property Type: Commercial Sale Square Footage: 7,497 Lot Size (sq. ft.): 4,792 Status: Active
Current Price: $2,050,000 List Date: 6/03/2026 Last Modified: 6/04/2026

Overview

Description

Exclusively presented for sale - 3156 State Street, a high-quality, fully-leased, income producing medical office building located in east Medford, Oregon (the ''Property''). Fully leased through 2030 with options to Complete Care, the asset is ideal for investors seeking day-one yield in a high-quality asset in the right location. The building itself is extremely efficiently designed and prominently positioned in Alderwood Office Park, a majority medical-focused PUD near the largest hospital in the region. Inside, patients enter into a bright and modern interior, with two fully built out floors and a finished storage attic above. Featuring two large reception areas, 16 exam rooms, many private offices and workstations, restrooms, passenger elevator, large break room w/ balcony, procedure rooms, and much, much more, the layout is ideal for the existing tenant and highly flexible for other medical users, if ever needed. See attached documents and/or contact brokers for more info.

Listing Details MLS# 220222602

General Property Information

Building Area Total
7497
Building Area Source
Other
Building Area Units
Square Feet
# of Units Total
Yes
Year Built
2006
New Construction YN
No
Zoning
MFR-20
Tax Annual Amount
20327
Tax Year
2026
CC&R's YN
Yes
Preferred Escrow Company & Officer
Pond Team - Ticor Title
FIRPTA YN
No
Sign On Property YN
No

Property Features

Common Walls: No Common Walls Construction Materials: Frame Cooling: Central Air; Heat Pump Flooring: Carpet; Vinyl Foundation Details: Concrete Perimeter Heating: Forced Air; Heat Pump Levels: Three Or More Roof: Membrane; Metal Utilities: Electricity Connected; Fiber Optics Available; Natural Gas Connected; Other Parking Features: Asphalt; On Street; Parking Lot Power Production: None Sewer: Public Sewer Water Source: Public Listing Terms: Cash; Conventional Special Listing Conditions: Standard

Location Tax and Legal

Street Number
3156
Street Name
State
Street Suffix
Street
County
Jackson
State
OR
Postal Code
97504

Contract Information

Original List Price
2050000
Listing Contract Date
2026-06-02

Remarks and Miscellaneous

Public Remarks
Exclusively presented for sale - 3156 State Street, a high-quality, fully-leased, income producing medical office building located in east Medford, Oregon (the ''Property''). Fully leased through 2030 with options to Complete Care, the asset is ideal for investors seeking day-one yield in a high-quality asset in the right location. The building itself is extremely efficiently designed and prominently positioned in Alderwood Office Park, a majority medical-focused PUD near the largest hospital in the region. Inside, patients enter into a bright and modern interior, with two fully built out floors and a finished storage attic above. Featuring two large reception areas, 16 exam rooms, many private offices and workstations, restrooms, passenger elevator, large break room w/ balcony, procedure rooms, and much, much more, the layout is ideal for the existing tenant and highly flexible for other medical users, if ever needed. See attached documents and/or contact brokers for more info.

Status Change Information

Status Change Timestamp
2026-06-02

More Information

Currently Not Used

List Price per SqFt
273.44

Business Details

Business Included?
No

Parking Details

Parking
Yes
# of Parking Spaces
40
Listing Office: Merit Commercial RE, LLC
Last Updated: June - 04 - 2026
Information deemed reliable but not guaranteed.