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Listing provided courtesy of Merit Commercial RE, LLC- MLS# 220222602MLS Provider

3156 State StreetMedford, OR 97504

Commercial · 7,497 Sq. ft. | 0.11 Acres
$2,050,000 Active

3156 State Street Overview

Time on Site:
27 days
Visits:
0

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.

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3156 State Street Facts & Features

  • Type Commercial
  • Sq. ft. 7,497
  • Price/Sq.ft. $273
  • Lot 0.11 Acres

Details

General

Building Information

  • New Construction: false
  • Year Built: 2006

Location/Region

  • County Or Parish: Jackson

Tax Information

  • Tax Annual Amount: 20327.0
  • Tax Year: 2026

General Information

  • Exclusions: All tenant personal property.
  • Listing Terms: Cash,Conventional
  • Parcel Number: 10979148
  • Property Type: Commercial Sale
  • Special Listing Conditions: Standard

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Other
  • Building Area Total: 7497.0

General Information

  • Common Walls: No Common Walls
  • Flooring: Carpet,Vinyl
  • Foundation Details: Concrete Perimeter
  • Levels: Three Or More

Exterior

Parking Information

  • Parking Features: Asphalt,On Street,Parking Lot

Lot Information

  • Additional Parcels: false
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Square Feet: 4791.6
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Frame
  • Roof: Membrane,Metal

General Information

  • Number Of Units Total: 1
  • Sewer: Public Sewer

3156 State Street Neighborhood

Community

97504 (MEDFORD) Demographics

42
Median Age
1,028
Population Density (per sq. mile)
45%
College Educated
$62,219
Estimated Median Income
11,731
Estimated Total Home Owners
7,925
Estimated Total Renters
60% / 40%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3156 State Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3156 State Street Market Data

Based on the last 30 days in this zip code

$627,112
Average List Price
$280
Average Price per Square Foot
68
Properties Sold
82
Average Days on Market
330
Properties for Sale
Calculations provided by Reliance Network

3156 State Street History

Date Event Value Agent
6/2/2026Source: Oregon Datashare Added to Database
June 02, 2026