Commercial Sale in Medford

$850,000

2937 Merriman, 97501, Medford, OR

Commercial Sale for sale in Medford, 2937 Merriman, 97501

2937 Merriman, 97501, Medford, OR

$850,000

Type: Commercial Sale

Description

Owner Carry! Whether you're looking for a solid investment property or an owner occupied building for your business, this mixed use commercial building offers an incredible opportunity. Well maintained commercial building with large two bedroom apartment upstairs. Building currently being used by Winter's Electric has been nicely updated and features three roll up doors, reception / waiting rooms, office, kitchenette / break area, and plenty of shop / warehouse / storage. Upstairs you will find a spacious apartment complete with large outdoor deck and private entrance. Current NNN lease for commercial building is $5, 500 per month and runs through April 1st 2027. According to local property management data, apartment will bring $1400 per month bringing this (pro forma) investment to a generous 9.7% cap rate! Additional adjacent .12 acre tax lot included. Schedule to tour this rare commercial opportunity today.

Location

2937 Merriman, 97501, Medford, OR

Data

Object TypeCommercial Sale
Purchase Price$850,000
Living Space0 m²
Plot Size2225.77 m²
BathroomsN/A
Construction Year1964
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeElectric, Forced Air, Heat Pump, Natural Gas
Primary Energy SourceN/A
Construction Year1964
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent

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Real Estate Agent