$3,500,000
1/51.98 AC · Land
1060 Dillon Way
Medford, OR 97502
#220224071 01 / 132
For sale
$3,595,000
229 Stewart Avenue
Medford, OR 97501
- Baths
- 0
- Acres
- 1.54
- Built
- 2000
Est. $22,632/mo~220 min to downtown Bend (approx.)
Listing by Merit Commercial RE, LLC · 541-608-6704
MLS# 220227140 · Active
01
About this home
Exclusively presented for sale - 229 Stewart Ave a multi-tenant investment opportunity in Medford, OR (the ''Property''). The Property is situated on a highly-visible 1.54 acre parcel with a single ±12,839 SF medical office building. The Property is leased to three established medical users, including Family Practice Group, Mercy Flights, and Pacific Crest Integrative Medicine. The building features a centralized reception area, and four similar suites in each corner connected via two large waiting rooms and common area. This is a prominent, well-maintained and high-quality medical building built in 2000, with near-term upside: most of Suite 103 could be marketed and leased, as well as a ±1,000 SF vacant area with large flex rooms and restroom could be activated and leased to another user. Much more info available - contact listing brokers. Buyer responsible for any and all DD. Do NOT disturb occupants or patients, and please do not access the Property without an appointment.
02
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03
Price history
53 days, no changes| Date | Event | Price |
|---|---|---|
| Aug 14, 2026 | Listed for sale | $3,595,000 |
From the MLS: original list price and latest price change. 53 days on market.
04
Drive times
~220 min to downtown Bend- Mt. Bachelor~199 min · 168.4 mi
- Sunriver Village~200 min · 168.9 mi
- Old Mill District~219 min · 185.9 mi
- Downtown Bend~220 min · 186.8 mi
- St. Charles Bend~223 min · 189.5 mi
- Sisters~232 min · 197.5 mi
- Redmond Airport (RDM)~244 min · 207.4 mi
- Smith Rock State Park~254 min · 216.2 mi
Approx. Straight-line distance × 1.3 for roads, at in-town and highway speeds. No traffic, snow, or Hwy 97 construction. Ask Cody about real commute times.
05
Facts & features
Built 2000- Year built
- 2000
- Stories
- 1
- Lot
- 1.54 AC · 67,082 SF
- HOA
- None reported
- Taxes
- $37,266/yr
- County
- Jackson
- Days on market
- 53
- MLS #
- 220227140
- Flooring
- Carpet · Laminate
- Heating
- Forced Air · Natural Gas
- Cooling
- Central Air · Ductless
- Parking
- Parking Lot · Asphalt
- Construction
- Frame · Steel Frame
- Roof
- Membrane · Tile
06
Location & schools
Medford42.3124° N · 122.8659° W
Directions07
Monthly payment
$22,632/mo$22,632/mo
$2,876,000 loan · 30 yr fixed · 6.5%
- Principal & interest
- $18,178
- Property tax (listing)
- $3,106
- Home insurance (est.)
- $1,348
20% · $719,000
6.500%
Loan term
Estimate only. Taxes use the listing's reported amount when there is one; insurance is approximated. A lender can give you an exact number.
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#220202198Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 3:00 PM.
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