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1501 Sage RD Medford, OR 97501
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Key Details
Sold Price $1,350,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 15,000 sqft
Price per Sqft $90
MLS Listing ID 220191507
Sold Date 10/31/25
Year Built 1996
Annual Tax Amount $19,981
Lot Size 0.960 Acres
Acres 0.96
Lot Dimensions 0.96
Property Description
PRICE REDUCED, Motivated Seller. 9+% CAP RATE Here is a fantastic cashflow opportunity for an investor or an owner occupant. This property consists of is 3 separate FULLY LEASED steel buildings on 1 tax lot totaling 15,000 SQFT gross rentable area on a .96 Ac lot zoned IG (General Industrial). 1501 A/B/C is currently leased as a recently remodeled restaurant, 1503 is a freestanding building and 1505 A/B/C/D is fully leased. Gross rents are $17,950. Seller is open to creative financing options.
Recent updates include HVAC throughout all 3 buildings, remodeled restaurant and fire suppression system in BLDG 1503. *Businesses are NOT for sale, Real Estate Only*
Location
State OR
County Jackson
Direction West on Mcandrews over the bridge, RT on Sage. property is on the LT.
Rooms
Basement None
Interior
Heating Ductless, Electric, Forced Air, Natural Gas, Wall Furnace
Cooling Ductless, Central Air
Window Features Aluminum Frames,Double Pane Windows
Exterior
Parking Features Asphalt, Concrete, Gated, Shared Driveway, Parking Lot
Roof Type Membrane,Rubber
Building
Lot Description Drip System, Landscaped, Sprinkler Timer(s), Sprinklers In Front
Foundation Block, Concrete Perimeter, Slab, Stemwall
Water Public, Water Meter
Level or Stories One, Multi/Split
Structure Type Steel Frame,Concrete,Frame
New Construction No
Others
Senior Community No
Tax ID 10803371
Acceptable Financing Cash, Conventional, Owner Will Carry, Private Financing Available
Listing Terms Cash, Conventional, Owner Will Carry, Private Financing Available
Special Listing Condition Standard
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