1112 Court Street, 102, Medford, OR 97501
$1.03
Property Type:
Commercial Lease
Square Footage:
2,760
Lot Size (sq. ft.):
50,094
Status:
Closed
Current Price:
$1.03
List Date:
12/08/2022
Last Modified:
8/30/2023
Description
Multi-purpose commercial space on Court Street suitable for a variety of retail uses. Lease type is Modified Gross. Landlord to pay property taxes, fire insurance premiums and major maintenance expenses. 3-5 year lease preferred. Lessee shall be responsible for routine and minor maintenance of the mechanical, electrical & plumbing systems in the leased premises and a prorata share of parking lot and landscaping maintenance. Lessee shall also pay a prorata share of the common utility services such as electrical and water provided to the building.
Supplements: ********
More Information MLS# 220157155
Location, Tax, and Legal
Street Number: 1112
Street Name: Court
Street Suffix: Street
Unit Number: 102
County: Jackson
State: OR
Postal Code: 97501
Cross Street: Manzanita
Section: Not Applicable
Parcel Number: 1-0386490
Lot Size Acres: 1.15
Lot Size Square Feet: 50094
Additional Parcels YN: No
Contract Information
Original List Price: 1.15
Current Price: $1.03
Status: Closed
Sold Price: $1.03
Lease Rate Options: $/SF/Mo
Listing Contract Date: 2022-12-08
Buyer Agency Compensation: 3
Buyer Agency Compensation Type: %
General Property Information
Building Area Total: 2760
Building Area Source: Other
Building Area Units: Square Feet
# of Units Total: 1
Zoning: C-C
Tax Annual Amount: 10836.11
Tax Year: 2022
Potential Tax Liability YN: No
Assessment YN: No
CC&R's YN: No
FIRPTA YN: No
Sign On Property YN: Yes
Remarks and Miscellaneous
Public Remarks: Multi-purpose commercial space on Court Street suitable for a variety of retail uses. Lease type is Modified Gross. Landlord to pay property taxes, fire insurance premiums and major maintenance expenses. 3-5 year lease preferred. Lessee shall be responsible for routine and minor maintenance of the mechanical, electrical & plumbing systems in the leased premises and a prorata share of parking lot and landscaping maintenance. Lessee shall also pay a prorata share of the common utility services such as electrical and water provided to the building.
Status Change Information
Close Date: 2023-08-30
Under Contract Date: 2023-08-29
Status Change Timestamp: 2023-08-30
Close Price: 1.03
Unit 1
Unit #: 102
Square Footage: 2760
Business Details
Business Included?: No
Parking Details
Parking: Yes
# of Parking Spaces: 20
Property Features
Common Walls: 2+ Common Walls
Construction Materials: Concrete; Frame
Cooling: Central Air
Flooring: Concrete
Foundation Details: Slab
Heating: Forced Air
Levels: One
Roof: Rolled/Hot Mop
Existing Lease Type: Gross
Owner Pays: Insurance; Taxes
Tenant Pays: Common Area Maintenance; Electricity; Gas; Interior Maintenance; Janitorial Service; Repairs; Sewer; Water
Parking Features: Asphalt
Power Production: Public Utilities
Sewer: Public Sewer
Water Source: Public
Listing Terms: Contract
Special Listing Conditions: Standard
Listing Office: Pulver and Leever Real Estate
Last Updated: August - 30 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Broker Attribution:
541-773-5391
Information deemed reliable but not guaranteed.