1501 Sage Road, Medford, OR 97501

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Listing courtesy of eXp Realty, LLC. Selling Office: .

Sold Price
$1,350,000
List Price
$1,875,000

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*

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The data relating to real estate for sale on this web site comes in part from the Internet Data Display (IDX) of the Southern Oregon Multiple Listing Service. Real estate listings held by brokerage firms other than our company are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information subject to change and should be independently verified. Listing content is copyright © 2018 SOMLS, Medford, Oregon. Last updated: