Listed by: Caspian C Hoehne · Merit Commercial RE, LLC

$2,050,000
  • — beds
  • 0 baths
  • — sqft

3156 State Street, Medford, OR 97504

Est. $12,487/moPayment calculator
  • Single familyHome type
  • Built in 2006Year built
  • 4,792 sqftLot
  • NoneHOA

About this home

  • Listed Jun 3, 2026
  • 122 days on market
  • 95 photos

Exclusively presented for sale - 3156 State Street, a high-quality, fully-leased, income producing medical office building located in east Medford, Oregon (the ''Property''). Fully leased through 2030 with options to Complete Care, the asset is ideal for investors seeking day-one yield in a high-quality asset in the right location. The building itself is extremely efficiently designed and prominently positioned in Alderwood Office Park, a majority medical-focused PUD near the largest hospital in the region. Inside, patients enter into a bright and modern interior, with two fully built out floors and a finished storage attic above. Featuring two large reception areas, 16 exam rooms, many private offices and workstations, restrooms, passenger elevator, large break room w/ balcony, procedure rooms, and much, much more, the layout is ideal for the existing tenant and highly flexible for other medical users, if ever needed. See attached documents and/or contact brokers for more info.

Facts & features

Interior

Bathrooms
0
Levels
Three Or More

Heating & cooling

  • Forced Air
  • Heat Pump
  • Central Air
  • Heat Pump

Flooring

  • Carpet
  • Vinyl

Property

Lot size
4,792 sqft

Parking

  • Asphalt
  • On Street
  • Parking Lot

Construction

Home type
Single family
Property type
Commercial Sale
Year built
2006

Materials

  • Frame
  • Membrane roof
  • Metal roof

Utilities

Sewer & water

  • Public Sewer
  • Public water

Community & HOA

HOA dues
None
County
Jackson

Financial & listing details

List price
$2,050,000
Annual property tax
$20,327
Date on market
Jun 3, 2026
Days on market
122
MLS#
220222602

Price & status history

DateEventPrice
Jun 3, 2026Listed for sale$2,050,000

Neighborhood

  • CityMedford, OR 97504
  • CountyJackson

Payment calculator

Estimated monthly payment

$12,487/mo

  • Principal & interest$10,366
  • Property taxes$1,694
  • Homeowners insurance$427
  • HOA dues$0

Loan amount $1,640,000 · 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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Listing provided by Merit Commercial RE, LLC · Listing agent: Caspian C Hoehne

Source
MLS of Central Oregon
MLS#
220222602
Last updated
Jun 4, 2026 at 8:28 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.