3156 State Street, Medford, OR 97504

$2,050,000

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List Price
$2,050,000
Status
ACTIVE
Days on Market
102
MLS#
220222602
Subtype
Commercial Sale
Year Built
2006
Lot Size
4,791
Acres
0.11

Property 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.

Additional Information

Taxes
$20,327
Zoning
MFR-20
Flooring
Carpet, Vinyl
Heating
Forced Air, Heat Pump
Air Conditioning
Central Air, Heat Pump
Stories
Three Or More
Levels
Three Or More
Roof
Membrane, Metal
Foundation
Concrete Perimeter
Parking Features
Parking Lot, Asphalt, On Street

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Merit Commercial RE, LLC.

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