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8211 15th St

9,000 SF Industrial Building Medford, OR 97503 $1,755,850 CAD ($195 CAD/SF)

Executive Summary

Merit Commercial Real Estate is pleased to exclusively present for sale or lease 8211 15th Street, a usable and unique flex warehouse located in White City, Oregon.
8211 15th Street is an iconic property with a storied history and a variety of uses. A unique warehouse in a great location, the facility offers a compelling value for a turn-key storage or distribution solution.
While originally constructed in 1941 using exceptionally strong building methods, the building underwent a to-the-studs renovation in the recent years and was essentially rebuilt.
Featuring a unique floor system with 4" thick mass timber flooring above a crawlspace, the building's usability has been improved with all new floor joists, mud sill, vapor barrier, reframed walls, and strengthened floor supports.
Additionally, the warehouse enjoys a brand-new roof, new transformer and all new wiring, plumbing modernization, new metal siding, rain gutters, windows, and vent fans.
There are multiple easy-to-use access points, including a large drive-in roll-up overhead door (large concrete ramp installed), as well as another dock-high roll-up overhead door built for forklift or pallet jack use, in addition to the secure front door.
Outside, there is a ± 0.3 acre flat, gravel parking/storage area with easy access from both 15th Street and Avenue F. The railroad also runs adjacent to the property (buyer to confirm ability to add a spur). There are several large areas for signage and strong corner visibility, as well as very easy customer access in front of the building.
The interior features an open dry flex space with 13'8" clear height and timber posts only on the perimeter of the usable space. There is also a large breakroom with a kitchen, private bathroom, and a flex office space supporting the use of the building.
The opportunity at 8211 15th Street is clear to invest in and operate a turn-key, completely remodeled, centrally-located historical flex warehouse in growing White City - all located within a federal Opportunity Zone.
Buyer is responsible for any and all due diligence, including environmental, licensing, use, legality, and all other items.

Property Facts

Price $1,755,850 CAD
Price Per SF $195 CAD
Sale Type Investment or Owner User
Sale Conditions 1031 Exchange
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 0.62 AC
Rentable Building Area 9,000 SF
No. Stories 1
Year Built 1941
Tenancy Single
Parking Ratio 5.56/1,000 SF
Opportunity Zone Yes

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 9,000 SF
  • Industrial
  • Partial Build-Out
  • Now

Merit Commercial Real Estate is pleased to exclusively present for sale or lease 8211 15th Street, a usable and unique flex warehouse located in White City, Oregon. 8211 15th Street is an iconic property with a storied history and a variety of uses. A unique warehouse in a great location, the facility offers a compelling value for a turn-key storage or distribution solution. While originally constructed in 1941 using exceptionally strong building methods, the building underwent a to-the-studs renovation in the recent years and was essentially rebuilt. Featuring a unique floor system with 4" thick mass timber flooring above a crawlspace, the building's usability has been improved with all new floor joists, mud sill, vapor barrier, reframed walls, and strengthened floor supports. Additionally, the warehouse enjoys a brand-new roof, new transformer and all new wiring, plumbing modernization, new metal siding, rain gutters, windows, and vent fans. There are multiple easy-to-use access points, including a large drive-in roll-up overhead door (large concrete ramp installed), as well as another dock-high roll-up overhead door built for forklift or pallet jack use, in addition to the secure front door. Outside, there is a ± 0.3 acre flat, gravel parking/storage area with easy access from both 15th Street and Avenue F. The railroad also runs adjacent to the property (buyer to confirm ability to add a spur). There are several large areas for signage and strong corner visibility, as well as very easy customer access in front of the building. The interior features an open dry flex space with 13'8" clear height and timber posts only on the perimeter of the usable space. There is also a large breakroom with a kitchen, private bathroom, and a flex office space supporting the use of the building. The opportunity at 8211 15th Street is clear to invest in and operate a turn-key, completely remodeled, centrally-located historical flex warehouse in growing White City - all located within a federal Opportunity Zone. Buyer is responsible for any and all due diligence, including environmental, licensing, use, legality, and all other items.

Space Size Space Use Condition Available
1st Floor 9,000 SF Industrial Partial Build-Out Now

1st Floor

Size
9,000 SF
Space Use
Industrial
Condition
Partial Build-Out
Available
Now

1st Floor

Size 9,000 SF
Space Use Industrial
Condition Partial Build-Out
Available Now

Merit Commercial Real Estate is pleased to exclusively present for sale or lease 8211 15th Street, a usable and unique flex warehouse located in White City, Oregon. 8211 15th Street is an iconic property with a storied history and a variety of uses. A unique warehouse in a great location, the facility offers a compelling value for a turn-key storage or distribution solution. While originally constructed in 1941 using exceptionally strong building methods, the building underwent a to-the-studs renovation in the recent years and was essentially rebuilt. Featuring a unique floor system with 4" thick mass timber flooring above a crawlspace, the building's usability has been improved with all new floor joists, mud sill, vapor barrier, reframed walls, and strengthened floor supports. Additionally, the warehouse enjoys a brand-new roof, new transformer and all new wiring, plumbing modernization, new metal siding, rain gutters, windows, and vent fans. There are multiple easy-to-use access points, including a large drive-in roll-up overhead door (large concrete ramp installed), as well as another dock-high roll-up overhead door built for forklift or pallet jack use, in addition to the secure front door. Outside, there is a ± 0.3 acre flat, gravel parking/storage area with easy access from both 15th Street and Avenue F. The railroad also runs adjacent to the property (buyer to confirm ability to add a spur). There are several large areas for signage and strong corner visibility, as well as very easy customer access in front of the building. The interior features an open dry flex space with 13'8" clear height and timber posts only on the perimeter of the usable space. There is also a large breakroom with a kitchen, private bathroom, and a flex office space supporting the use of the building. The opportunity at 8211 15th Street is clear to invest in and operate a turn-key, completely remodeled, centrally-located historical flex warehouse in growing White City - all located within a federal Opportunity Zone. Buyer is responsible for any and all due diligence, including environmental, licensing, use, legality, and all other items.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10715690
Land Assessment
$63,301 CAD
Improvements Assessment
$33,310 CAD
Total Assessment
$96,611 CAD

zoning

Zoning Code GI (General Industrial)
GI (General Industrial)
  • Listing ID: 33806620

  • Date on Market: 2023-11-20

  • Last Updated:

  • Address: 8211 15th St, Medford, OR 97503

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