8211 15th St - Warehouse FOR SALE


Medford, OR 97503
$1,250,000 USD
541-944-9967
8211 15th St, Medford, OR for Sale
$1,250,000 USD
Warehouse - FOR SALE
1/39
null | Request Cap Rate

8211 15th St
Medford, OR 97503


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$139 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1941

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.62

LAND SF

27,007

ZONING

GI

APN/PARCEL ID

10715690

ASK ABOUT THIS PROPERTY

Caspian HoehneMerit Commercial Real Estate LLCMore Info
541-944-9967

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Caspian HoehneMerit Commercial Real Estate LLCMore Info
541-944-9967

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.