Rumors - 1017 N Riverside Brochure - Ford Real Estate

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NOW ON THE MARKET Rumors Karaoke Lounge 1206 N. Riverside Avenue, Medford, Oregon
SOUTHERN OREGON | PACIFIC NORTH-WEST | NORTH MEDFORD

HIGHLY VISIBLE BUSINESS

PRESENTED BY

541-227-3552

Welcome to 1206 N Riverside—a remarkable opportunity that includes both the business and property in the sale. Two tax lots with exceptional visibility and accessibility from one of the busiest roads in Medford.

NOW ON THE MARKET

1206

7,517

0.99

SQUARE FEET
SPLIT-BUSINESS LAYOUT
VALUATION PRICING
CURRENT
BELOW
ACRES (0.51 + 0.48)
AND LAND INCLUDED NORTH MEDFORD
BUSINESS
N.
Avenue,
~ property overview ~ RUMORS LOUNGE
Riverside
Medford, Oregon

PROPERTY DETAILS

SIZE AND LOCATION

The large building is on two lots, totaling 0.99 acres, situated on North Riverside in the heart of Medford.

INCOME GENERATION

Currently operating as a bar and grill with an Oregon State Lottery offering that earns handsome commissions for the owners.

MULTIPLE OCCUPANCY

The building is configured to accommodate more than one occupant, with an unoccupied second space that was previously a restaurant.

BUSINESS AND REAL ESTATE SALE

The operation is sold with both the business and the real estate, providing a comprehensive investment opportunity.

BELOW ASSESSED VALUE PRICING

Priced below the assessed value of the real estate alone, making it an attractive and potentially lucrative investment.

VERSATILITY

Suitable for a variety of businesses, with the potential to continue as a bar and grill or be reimagined as a different type of establishment.

WALKABILITY AND BIKE ACCESS

With an impressive walk score of 71 and a bike score of 82, the property’s location is convenient and accessible by foot and bicycle.

SIZE AND AMENITIES

Spacious at 7,517 square feet, the building offers ample room for customers and has the potential for various business activities.

RESTAURANT AND KARAOKE BAR

The existing setup includes a restaurant and karaoke bar, catering to diverse entertainment and dining preferences.

~ featured area ~ KARAOKE BAR

A LIVELY AREA WITH GREAT PROFITS

The karaoke bar area offers a vibrant and entertaining experience with four distinct sections. It includes a well-stocked bar, a designated area for lottery games, comfortable dining booths, and a spacious karaoke stage with ample seating. This versatile space holds potential to be a great event venue, restaurant, sports bar, and live music venue.

~ featured area ~

RESTAURANT SPACE

COMFORTABLE LIVING WITH A GREAT LAYOUT

The other side of the building has a turnkey restaurant opportunity. Most recently a sushi restaurant, the space features a separate entrance and is distinct from the Karaoke Bar area. The restaurant side boasts a fully equipped kitchen, a spacious counter area for customer service, and a well-appointed dining hall for guests.

All appliances and equipment are included in the sale. Additionally, it offers a charming fireplace-side room that adds a cozy and inviting ambiance. With all these amenities in place, the restaurant side is primed and ready for a seamless transition into a new dining establishment.

1206

North Riverside Avenue in Medford, Oregon is one of the busiest streets in the city, clocking in at 13,700 cars passing every day. It’s one of the key commercial and residential roads in the area with a diverse range of businesses, including restaurants, shops, and professional services.

From downtown Medford, take N. Riverside north. The property is on your right. The property has a great walk score along with its great access and parking. Don’t miss out on the opportunity to make this great business opportunity yours today!

ONX MAPS / MAPBOX
THE LOCATION ONLINE: ~
~
N. RIVERSIDE AVE, MEDFORD, OREGON
SEE
Medford, Oregon
NORTH RIVERSIDE TinyUrl.com/RumorsLocation

~ Life in ~

SOUTHERN OREGON

NATURE, MUSIC, AND POPULAR ATTRACTIONS

Medford, Oregon, is located in the heart of the beautiful Rogue Valley, surrounded by stunning natural beauty, local commerce, and growing cities. With a steady economy with a favorable environment for commerce and the restaurant/bar industry as it indicates a strong consumer base and increased spending power.

Located near the I-5 Corridor, North Riverside is strategically located in the Rogue Valley, making it a convenient and accessible destination for both locals and tourists.

Residents in Southern Oregon take pride in supporting local establishments, creating a loyal customer base that can sustain and boost the success of restaurants and bars.

Visit SouthernOregon.org for more information on commerce, events, and features in Southern Oregon.

Ford Real Estate is a local company that has been helping people buy, sell, and invest in real estate for over six years. Our professional agents consistently receive five-star reviews and we are ranked in the top 20 brokerages in Southern Oregon.

From the start of your buying journey, until you celebrate your closing, the Ford Team will represent you and your best interests. When you work with the Ford Team, you can expect high-quality service and a great real estate experience.

ABOUT US OUR STORY

Ford Real Estate was founded in 2017 by two experienced real estate experts who were looking to optimize the real estate transaction process. John and Tami Ford launched their careers 16 years ago during the recession. Our motto, “Creating relationships, driving results,” has been the foundation of the Fords’ unwavering loyalty to clients. Their business standards include strong ethics, efficient systems, and incorporating education into all decision-making.

Today, Ford Real Estate consistently outperforms local competitors and continues to grow. Paired with notable transaction numbers, we have an excellent reputation within the local real estate community that aids us in finding buyers for your property. Our strong platform of success enables us to provide top-notch service to the professionals we work with and the clients we serve.

MISSION STATEMENT

To be an energetic, highly-skilled, successful company that is dedicated to creating relationships and driving results by being efficient, using strong ethics, and incorporating education into all decision-making.

OUR VISION

To be a company that empowers its clients and its agents to live a life of clear purpose.

OUR VALUES

God, family, and business.

Ford Real Estate • 541.773.2088 • 624 S. Riverside Ave, Medford, Oregon © 2024 Ford Real Estate • If you have a brokerage relationship with another agency, this is not intended as a solicitation. • All information is deemed reliable but not guaranteed. • Ford Real Estate is an Equal Opportunity Housing. JOHN FORD LICENSED PRINCIPAL BROKER / OWNER Ford Real Estate (541) 227-3552

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