2937 Merriman RD, Medford, OR 97501
2937 Merriman RD, Medford, OR 97501
2937 Merriman RD, Medford, OR 97501
2937 Merriman RD, Medford, OR 97501
2937 Merriman RD, Medford, OR 97501
2937 Merriman RD, Medford, OR 97501
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Jeffery West

Jeffery West

+1(541) 944-7599
$ 850,000
Est. payment | /mo

4,760 SqFt

Save
$ 850,000
Est. payment | /mo
Save

4,760 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,760 sqft

Price per Sqft $178

MLS Listing ID 220225378

Year Built 1964

Annual Tax Amount $4,389

Lot Size 0.550 Acres

Acres 0.55

Lot Dimensions 0.55

Property 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

State OR

County Jackson

Interior

Heating Electric, Forced Air, Heat Pump, Natural Gas

Cooling Central Air, Heat Pump

Exterior

Parking Features Asphalt, Gravel

Roof Type Rolled/Hot Mop

Building

Foundation Slab

Water Public

Level or Stories Two

Structure Type Frame

New Construction No

Others

Senior Community No

Tax ID 10486397

Acceptable Financing Cash, Conventional, Owner Will Carry

Listing Terms Cash, Conventional, Owner Will Carry

Special Listing Condition Standard

Oregon Datashare (MLSCO/SOMLS/KCAR)
Listed by eXp Realty, LLC

Nearby Locations

Jeffery West

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(541) 944-7599

jeffwest.southernoregon@gmail.com

568 NE E St, Grants Pass, OR 97526, USA

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2937 Merriman RD