3404 S Pacific Highway, Medford OR 97501

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Pending

$949,000

3404 S Pacific Highway, Medford, OR 97501

bedrooms

bathrooms

square feet

Acreage

1.76

Open Houses

year built

1940

Full Baths

Half Baths

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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.

Location
Subdivision	-
County	Jackson
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 220187782

Listing agent: Michael Bauer #910800068

Listing broker: Windermere Van Vleet & Associates (541) 482-3786

Last update: Tuesday, January 21 2025 at 9:13 p.m. EST

Kotohomes National