$3,000,000
MLS #: 2989525

Description of 1237 N Riverside Avenue, Medford, OR 97501

Cobblestone Village is a coveted neighborhood center powerhouse built with a European Village feel. Popular well know destination at the heart of Medford which continues to be a great place to invest on the I-5 corridor. Stylish 33,728 square foot complex is a great mix of 30 units and well established tenants that all enjoy park like grounds, courtyards and common areas. Parking includes 115 on site spaces some of which mimic cobblestone and add to the unique charm of the development. Strong financials, great tenant history, and traffic counts are at 12,800/day. This upper end commercial development has an 8.14% cap rate.

Property Features of 1237 N Riverside Avenue, Medford, OR 97501

TYPE
Commercial
Year Built
1984
Community
West Medford
Acres
2.66
Features
Forced air heat
Heat pump
Wood exterior
Frame exterior
Lot acreage is: 2.66
Lot zoned: C-C
Composition roof
City sewer
Units in building(s): 10
Total square feet: 33728.00
Courtesy of: Ford Real Estate

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