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For Sale

$2,450,000

650 Royal Avenue
Medford, OR 97504

This property is currently Leased to 549C for Central High School through June 30th of 2023 with 3 additional 1- year extension. 1.85 Acre lot. The building consists of offices, classrooms, meeting rooms etc. The building prior to being converted to a school; initially by First Baptist Church and recently by 549C it was demised into multiple professional office users with ample off- street parking. The Zoning was recently changed to Service Commercial which will allow more flexibility in the future given its location to other professional offices, medical offices, and Providence Medical Center with its related users. The building has had CAT5 installed and electrical up grades recently. Please see the attached documents. Read More

Market Status
Available
Last Updated
August 4, 2022

Property Type
Commercial Property
Year Built
1964
Stories
1
Roof
Membrane
Stories
1.0
Central Air
-
Heating Fuel
Natural Gas
Exterior Construction
Concrete
Floors
Carpet; Vinyl
Taxes
0 (2020)
Property Type
Commercial; F

Local Market Conditions

There are currently 304 properties for sale in the Medford, OR area with the average listing price of $584,223. This represents an increase of +0.8% over the previous week. The 2 bedroom homes saw the largest increase in the average listing price over the previous week with a +3.8% increase. To learn more about the Medford, OR area, contact a local expert!

Market Snapshot for Medford, OR

Avg. Listing Price

$584,223

Wk ending Aug 6

$+4,699

+0.8%

w-o-w

304

63

27

18

14

6

Average Listing Price for Medford, OR
No. BedroomsNo. Beds Week Ending
(Aug 6)
w-o-w Week Ending
(Jul 30)
Week Ending
(Jul 23)
Week Ending
(Jul 9)
All PropertiesAll $584,223 +0.8% $579,524 $595,350 $594,105
1 bedroom1 BR $850,000 +0.0% $850,000 $567,450 $481,633
2 bedrooms2 BR $345,404 +3.8% $332,813 $340,887 $332,869
3 bedrooms3 BR $525,597 +1.0% $520,636 $539,696 $547,757
4 bedrooms4 BR $671,717 -0.7% $676,545 $710,862 $706,159

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Listing Provided By:

James E North

John L. Scott Medford

Phone
This $2,450,000 Commercial Property at 650 Royal Avenue in Medford, OR is presented by James E North. This $2,450,000 Commercial Property, located in the 97504 zip code, has the following property features: Floors, Heating Fuel, Property Type, Exterior Construction. This 650 Royal Avenue Commercial Property is listed under MLS listing number 220131730 and has a listing price of $2,450,000. You can find more Medford homes for sale here.

Copyright © 2022 Southern Oregon MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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