Listed by: Rockwell Group · eXp Realty, LLC
- — beds
- 0 baths
- — sqft
2937 Merriman Road, Medford, OR 97501
- Single familyHome type
- Built in 1964Year built
- 0.55 acresLot
- NoneHOA
About this home
Owner Carry! Whether you're looking for a solid investment property or an owner occupied building for your business, this mixed use commercial building offers an incredible opportunity. Well maintained commercial building with large two bedroom apartment upstairs. Building currently being used by Winter's Electric has been nicely updated and features three roll up doors, reception / waiting rooms, office, kitchenette / break area, and plenty of shop / warehouse / storage. Upstairs you will find a spacious apartment complete with large outdoor deck and private entrance. Current NNN lease for commercial building is $5,500 per month and runs through April 1st 2027. According to local property management data, apartment will bring $1400 per month bringing this (pro forma) investment to a generous 9.7% cap rate! Additional adjacent .12 acre tax lot included. Schedule to tour this rare commercial opportunity today.
Facts & features
Interior
- Bathrooms
- 0
- Levels
- Two
Heating & cooling
- Electric
- Forced Air
- Heat Pump
- Natural Gas
- Central Air
- Heat Pump
Flooring
- Concrete
- Laminate
- Tile
Property
- Lot size
- 0.55 acres
Parking
- Asphalt
- Gravel
Construction
- Home type
- Single family
- Property type
- Commercial Sale
- Year built
- 1964
Materials
- Frame
- Rolled/Hot Mop roof
Utilities
Sewer & water
- Public Sewer
- Public water
Community & HOA
- HOA dues
- None
- County
- Jackson
Financial & listing details
- List price
- $850,000
- Annual property tax
- $4,390
- Date on market
- Jul 16, 2026
- Days on market
- 78
- MLS#
- 220225378
Price & status history
| Date | Event | Price |
|---|---|---|
| Jul 16, 2026 | Listed for sale | $850,000 |
Neighborhood
- CityMedford, OR 97501
- CountyJackson
Payment calculator
Estimated monthly payment
$4,841/mo
- Principal & interest$4,298
- Property taxes$366
- Homeowners insurance$177
- HOA dues$0
Loan amount $680,000 · 30-year fixed at 6.5%
An estimate for planning, not a loan offer. The 6.5% rate is an example; ask a lender for today’s rate. Taxes use the listing’s annual tax amount. Insurance is estimated; mortgage insurance is not included.
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Listing provided by eXp Realty, LLC · Listing agent: Rockwell Group
- Source
- MLS of Central Oregon
- MLS#
- 220225378
- Last updated
- Jul 17, 2026 at 9:18 AM
Listing information is deemed reliable but not guaranteed and should be independently verified. Listings shown are for demonstration while our MLS of Central Oregon IDX feed is being set up.