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Woolworth Building 29-39 N Central Ave

68,845 SF 100% Leased Office Building Medford, OR 97501 £3,028,082 (£44/SF) 7% Net Initial Yield

Investment Highlights

  • Centrally Located
  • High Occupancy Rate

Executive Summary

Historic building with a great location in Downtown Medford. The Woolworth Building is located on the corner of N. Central Ave. and Sixth St. Current MAI Appraisal that supports sale price. Currently showing a cap rate of approximately 7%. This 69,580 sq. ft. building features 55,100 above ground on 4 floors and a 14,580 sq. Ft. Basement. The main level is divided in 4 separate spaces and the upper 3 floors are divided into private offices with a mix of professional offices and services. Occupancy is currently at 98%.

Attachments

The Historic Woolworth Building Description

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
68,845 SF
Building Class
B
Year Built
1911
Price
£3,028,082
Price Per SF
£44
Net Initial Yield
7%
NOI
£211,966
Percent Leased
100%
Tenancy
Multiple
Number of Floors
5
Typical Floor Size
13,769 SF
Building FAR
4.94
Lot Size
0.32 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C-C

Amenities

  • Controlled Access
  • Basement
  • Central Heating
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Walk Score ®
Walker's Paradise (90)
Bike Score ®
Very Bikeable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 10369498 Improvements Assessment £801,049
Land Assessment £276,721 Total Assessment £1,077,770

PROPERTY TAXES

Parcel Number
10369498
Land Assessment
£276,721
Improvements Assessment
£801,049
Total Assessment
£1,077,770
(541) 772-4388 x3

Contact

  • Listing ID: 32175730

  • Date on Market: 18/06/2024

  • Last Updated:

  • Address: 29-39 N Central Ave, Medford, OR 97501

The Office Property at 29-39 N Central Ave, Medford, OR 97501 is currently available for sale. Contact Henselman Realty & Management LLC for more information.

Office PROPERTIES IN NEARBY NEIGHBOURHOODS

Nearby Listings

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29-39 N Central Ave, Medford, OR for sale Building Photo- Image 1 of 19
Main Photo
29-39 N Central Ave, Medford, OR for sale Building Photo- Image 2 of 19
Front
29-39 N Central Ave, Medford, OR for sale Primary Photo- Image 3 of 19
N. Central Avenue
29-39 N Central Ave, Medford, OR for sale Building Photo- Image 4 of 19
Sixth Street
29-39 N Central Ave, Medford, OR for sale Building Photo- Image 5 of 19
Elevator
29-39 N Central Ave, Medford, OR for sale Interior Photo- Image 6 of 19
Conf-exterior
29-39 N Central Ave, Medford, OR for sale Interior Photo- Image 7 of 19
Conf-1
29-39 N Central Ave, Medford, OR for sale Interior Photo- Image 8 of 19
Hall-1
29-39 N Central Ave, Medford, OR for sale Interior Photo- Image 9 of 19
406-WW-Interior-2
29-39 N Central Ave, Medford, OR for sale Building Photo- Image 10 of 19
406-WW-Interior-9
29-39 N Central Ave, Medford, OR for sale Interior Photo- Image 11 of 19
Hall-2
29-39 N Central Ave, Medford, OR for sale Interior Photo- Image 12 of 19
hall-3
29-39 N Central Ave, Medford, OR for sale Interior Photo- Image 13 of 19
Building Photo
29-39 N Central Ave, Medford, OR for sale Building Photo- Image 14 of 19
basementfloorplan
29-39 N Central Ave, Medford, OR for sale Building Photo- Image 15 of 19
1st floor with square footages
29-39 N Central Ave, Medford, OR for sale Building Photo- Image 16 of 19
2nd floor color site plan (1)
29-39 N Central Ave, Medford, OR for sale Building Photo- Image 17 of 19
current 3rd floor plan 9-13-23
29-39 N Central Ave, Medford, OR for sale Building Photo- Image 18 of 19
4th floor clean color Site Plan

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© 2024 CoStar Group

Woolworth Building | 29-39 N Central Ave
(541) 772-4388 x 3

Woolworth Building | 29-39 N Central Ave

Scott Henselman

(541) 772-4388

x3

(541) 772-4388 x3

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