$949,000

3404 S Pacific Highway, Medford, OR 97501, US

Summary

Style: F
Year Built: 1940

Moving Quotes

primary photo for 3404 S Pacific Highway, Medford, OR 97501, US

Remarks

Commercial building on South Pacific Highway. Current tenant is Picker's Paradise with a one year lease, triple net, which equates to a 7.5% Cap Rate. Property is 1.76 acres and is zoned C-G so it's possible for commercial and/or apartment development. Apartments exist on the north side of property. The building is 11,008 square feet and in good condition.Property is priced well as an investment and with all of the new development in Phoenix the price also makes sense for commercial land at $12/sf and multifamily land @ $20,000/unit.

Details

MLS#: 220187782
Price: $949,000

Style: F
Year Built: 1940

County: Jackson
Tax Fee: 6525.38

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Broker Contact


Windermere Van Vleet & Assoc2
1117 E Jackson St, Medford, OR 97504-7028
Medford, OR, 97504-7028
US
Pam Lorange
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Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Southern Oregon MLS
Last updated: 2025-01-21T15:51:59.000-08:00.
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