602 Crater Lake Avenue, Medford, OR 97504
sale
$2,400,000
|
Other
Courtesy Of John L Scott
Shamrock Square is a well-maintained neighborhood retail center, consisting of 3 single level buildings totaling 13,700 SQ. FT. approximately on 1.19 acres (3 tax lots) with 12 tenants. The shopping center is located at the corner of Stevens Street and Crater Lake Avenue near The Medford Center and The Village at the Medford Center one of Medford's major shopping centers. The current Gross Tenants' Leases' run through 2027 allowing a Buyer to renegotiate rents. The majority of the Tenants are long term and established in the Center. Gross Income for Year End 2025 was $193,700.00 with a Net Operating Income of $122,809.00. Please do not disturb Tenants, tour Tenant spaces to be arranged upon acceptable Offer.
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Property Features
- Age: Over 50 Years Old
- Building Units: 12
- Cooling System: Central Air
- Exterior Type: Concrete
- Exterior Type: Block
- Floor Covering: Tile
- Floor Covering: Carpet
- Floors: 1
- Heating System: Natural Gas
- MLSID: 220219825
- Roof Type: Membrane
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