Commercial for Sale: 3811 CRATER LAKE HWY, Medford, OR 97504

8,640 sqft
$2,100,000
$2,100,000
3811 CRATER LAKE HWY, Medford, OR 97504
8,640 sqft
$2,100,000
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Price:
$2,100,000
$50,000 - 09/12/2024

Type Commercial
Square Feet 8,640 sqft
Lot Size 2.09 acres
Year Built 1958
Taxes Paid $9,290

City Medford
Area 801 - Jackson Co: East Medford
County Jackson

MLS 24451951
Status Active
DOM 67 days
This highly visible Mixed-Use Flex Industrial Property is fully leased with long-term tenants, and fronts a high-traffic area of Highway 62 in a location of expansion growth, and development. The property comprises one dividable tax lot across 2.09 acres, with 3 distinct structures. The main structure is comprised of approximately 6,469 SF with 2 distinct units. UNIT ONE; is 100% finished office space, leased to a real estate office, that is also owned by the seller of the property. So seller/Lessee of Real Estate Office space is flexible on continued leaseback or terms to move out, depending on buyer preference. UNIT TWO is leased to an automotive shop, with about 30% office space. The second structure is a ± 2,318 SF shop built in 2014, that occupies the northwest corner of the property on a ground lease. The owner of the 2,318 SF building is the seller's Brother and is also flexible and qualified to share costs in dividing the property to purchase the back portion, or consider a longer-term leaseback, or vacate; depending on buyer preference. NOTE: The ± 2,318 SF shop and building income of $36K per year are included at listed price and NOI. Third, and directly fronting Crater Lake Hwy, is a ± 132 SF Dutch Bros drive-through coffee stand on a ground lease. Annual Gross Rental property income is $162,727.50. Southern adjoining .81 acre lot also available for sale by another Broker if more land is needed.

Lot & Building Features

Cooling Central Air, Other
Heating Forced Air, Other
Parking Description On Site
Sewer Public Sewer
Water Public Water

Price History of 3811 CRATER LAKE HWY, Medford, OR

Date Name Price Difference
09/12/2024 Price Adjustment $2,100,000 2.33%
07/11/2024 Listing Price $2,150,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 3811 CRATER LAKE HWY, Medford, OR

Location Map Street View
Photo of Don Nunamaker, Realtors
Direct: 541-386-4400
Office
2495 Cascade Ave.
Hood River, OR 97031
541-386-4400
Listed by Land and Wildlife LLC, Garrett Zoller
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20%
0.44242047619048%
6.75%
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Principal & Interest
Monthly Taxes
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Monthly Home Ins.
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3811 CRATER LAKE HWY (MLS #24451951) is a commercial listing located in Medford, OR. This commercial listing is 8,640 sqft and on a lot of 91,040 sqft (or 2.09 acres) and is 66 years old. This property was listed on 07/11/2024 and has been priced for sale at $2,100,000.

Nearby zip codes are 97501, 97502 and 97503. This property neighbors other cities such as Central Point and White City.

RMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Land and Wildlife LLC

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS. of Portland, Oregon. Real estate listings held by brokerage firms other than Don Nunamaker, Realtors are marked with the RMLS. logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS., Portland, Oregon.