Listed by: Rockwell Group · eXp Realty, LLC

$850,000
  • — beds
  • 0 baths
  • — sqft

2937 Merriman Road, Medford, OR 97501

Est. $4,841/moPayment calculator
  • Single familyHome type
  • Built in 1964Year built
  • 0.55 acresLot
  • NoneHOA

About this home

  • Listed Jul 16, 2026
  • 78 days on market
  • 37 photos

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

DateEventPrice
Jul 16, 2026Listed 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%

Down payment
Loan term

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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MLSCO

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.