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David Schwartz

david.schwartz@cascadehasson.com +1(541) 816-8222

$ 649,000

Est. payment | -/mo

6,855 SqFt

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$ 649,000

Est. payment | -/mo

Save

6,855 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,855 sqft

Price per Sqft $94

MLS Listing ID 220227036

Year Built 1971

Annual Tax Amount $7,802

Lot Size 0.540 Acres

Acres 0.54

Lot Dimensions 0.54

Property Description

Investment opportunity in a growing West Medford corridor. LeCornu Retail consists of approximately 6,855 SF across four tenant spaces in two buildings on roughly 0.54 acres. The property is projected at a 7.91% stabilized cap rate and offers both in-place income and value-add potential through future rent growth, lease restructuring and strategic capital improvements. Located near W. McAndrews Rd and Ross Ln, the property is positioned near expanding residential neighborhoods, the Rogue X community and recreation complex, and planned retail development across the street. Strong regional access, nearby national retailers and Medford's role as Southern Oregon's primary commercial hub support the long-term investment outlook. Seller financing available for well qualified buyers. Contact broker for details.

Location

State OR

County Jackson

Interior

Heating Heat Pump

Cooling Heat Pump, Other

Exterior

Parking Features Driveway, Gated, Gravel

Roof Type Membrane,Metal

Building

Foundation Slab

Builder Name LeCornu Retail

Water Public

Level or Stories One

Structure Type Frame

New Construction No

Others

Senior Community No

Tax ID 10429971

Acceptable Financing Cash, Conventional, Owner Will Carry

Listing Terms Cash, Conventional, Owner Will Carry

Special Listing Condition Standard

Listed by RE/MAX Platinum

Nearby Locations

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David Schwartz

Broker Lic# 201234342

david.schwartz@cascadehasson.com

+1(541) 816-8222

175 E. California St PO Box 1838, Jacksonville, OR 97530, USA

1252 McAndrews RD Medford, OR 97501

David Schwartz

Key Details

Location

Interior

Exterior

Building

Others

1252 McAndrews RD