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About This Home

This 0-bedroom, 0-bathroom commercial at 650 Royal Avenue in Medford, OR is listed for $2,295,000 ($125 per sqft). Built in 1964, the home offers 18,354 sqft of living space on a 1.85 acres lot.

Agent Description

1.85 acres with buildings of approximately 17,500 SQ. FT. and parking for 80 plus vehicles. The building prior to being converted to a school by First Baptist Church and the 549c School District was a professional office building. The School District reconfigured the property into general office space, classrooms, large meeting room and private offices (see attached floor plan).

CAT 5 is available. The current Zoning is C - S/P surrounded by MFR - 30. Given the Zoning continued use as a school or reconfiguring to professional office/medical office are both possibilities. Providence Hospital is located within 2 blocks. The Seller may consider owner carry with a substantial down and a balloon payment in 3 to 5 years. The Seller will also consider a lot line adjustment (see attached site map) to add .48 (95' x 221.35') of an acre, to the existing 1.85-acre parcel. Price to be determined.

Key Features

  • Built in 1964
  • 1.85 acre lot

Property Details

1 story
1964

Amenities

A/C

Monthly Cost Estimate

$12,274/mo

20% down · 6.5% · 30 years

Principal$1,660
Interest$9,945
Insurance$669

Estimates only. Actual payments may vary.

Location

650 Royal Avenue

Medford, OR 97504

Features & Amenities

Interior Features

Built-in Features

Exterior Features

Courtyard

Property Details

Flooring

VinylCarpet

Construction

Frame ICFs (Insulated Concrete Forms)

Parking

Gated

Heating

Natural Gas

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 650 Royal Avenue is listed at $2,295,000 ($125/sqft). The estimated monthly payment is $9,945 based on 20% down at 6.5% interest.

Key features include: Built in 1964, 1.85 acre lot. Interior Features: Built-in Features. Exterior Features: Courtyard.

This property is listed by James E North and can be reached at 5417345280 or jimnorth@johnlscott.com.

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JN

James E North

Agent at John L. Scott Medford

(541) 734-5280

Listed by John L. Scott Medford

MLS# 220215796· Source: listhub· Updated 46 days ago

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650 Royal Avenue, Medford, OR 97504

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