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Woolworth Building 29-39 N Central Ave

68,845 SF 100% Leased Office Building Medford, OR 97501 $5,436,112 CAD ($79 CAD/SF) 7% Cap Rate

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%.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
68,845 SF
Building Class
B
Year Built
1911
Price
$5,436,112 CAD
Price Per SF
$79 CAD
Cap Rate
7%
NOI
$380,528 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
13,769 SF
Building FAR
4.94
Land Acres
0.32 AC
Opportunity Zone
Yes
Zoning
C-C

Amenities

  • Controlled Access
  • Basement
  • Central Heating
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.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10369498
Land Assessment
$489,243 CAD
Improvements Assessment
$1,416,253 CAD
Total Assessment
$1,905,495 CAD
  • Listing ID: 32175730

  • Date on Market: 2024-06-18

  • Last Updated:

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

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