1605 W Main StreetMedford, OR97501

$360,000
1 total units
328 sq. ft
0.28 acres
Zoning: C-S/p
1313 days on market

VestorFilter™

Price per ft²$1,097.56/ft²
Price per acre$1.29M/ac
Time on market1313 days

Property Description

High visibility drive-through business location. Large .28 acre corner lot zoned C-S/P, Service Commercial - Professional Office that is located on the SW corner of the West Main and Columbus Ave. intersection. Currently tenant occupied with the potential for owner occupant. The 328' sq.ft. structure was built in 2004 and has been used as a drive-through coffee shop, BBQ restaurant, and is currently a drive-through coffee & fruit shop. The property is paved and landscaped with access from both Columbus and West Main. The lot is nicely landscaped with an auto-sprinkler system and outside seating area. The 2016 City of Medford Traffic Study estimated that this arterial street location has exposure to approx. 24,000 cars per day. This is a unique opportunity at a time when fast & easy access to products & services is on the rise. All information deemed accurate but not warranted. Use and conditions should be validated by interested parties.

Financial Data

Date Sold2021-03-30
Sold Price$340,000
Original Price$360,000
Current Price$360,000
Property Taxes$3,488

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Home Facts

StatusClosed
Year Built2004
MLS ID220109963