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3811 Crater Lake Highway
Medford OR 97504 US

$2,000,000

Active Listing ID 11342965
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Lot: 2.09 Acres
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Other

$2,000,000

Active Listing ID 11342965
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3811 Crater Lake Highway 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.

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Property Features

  • Facts
  • Lot Size: 2.09 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 2000000
  • unparsedaddress: 3811 Crater Lake Highway
  • postalcity: Medford
  • stateorprovince: OR
  • country: US
  • postalcode: 97504
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 2.09
  • lotsizeunits: Acres
  • lotsizearea: 2.09
  • livingarea: 8919
  • livingareaunits: Square Feet
  • latitude: 42.3733
  • longitude: -122.85627
  • listagentfullname: Garrett Mr Zoller
  • listagentemail: garrett@z5ranch.com
  • listagentkey: 3yd-NYSMLS-202185
  • listagentmlsid: 202185
  • listagentpreferredphone: 5419448821
  • listagentofficephone: 8442814301
  • listofficekey: 3yd-NYSMLS-23327
  • listofficemlsid: 23327
  • disclaimer: Copyright © 2024 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NYSMLS
  • yearbuilt: 1958
  • yearbuilteffective: 1958
  • listingcontractdate: 2024-10-16
  • parcelnumber: 10507373
  • elementaryschooldistrict: Medford SD 549C
  • middleorjuniorschooldistrict: Medford SD 549C
  • highschooldistrict: Medford SD 549C
  • numberofunitstotal: 0
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Garage
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -122.85627, 42.3733
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"LLNW / Z5Ranch Group", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"garrett@z5ranch.com", "ListBrokerageCity":"Medford", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"LLNW / Z5Ranch Group", "ListBrokeragePhone":"844-281-4301", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"OR", "ListBrokerageUnitNumber":"Suite B", "ListBrokerageUnparsedAddress":"3811 Crater Lake HWY", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"3811 Crater Lake HWY", "ListOfficeAddress2":"Suite B", "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Medford", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"97504", "ListOfficeStateOrProvince":"OR", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Building - Medford, OR", "ListingURL":"https://listings.listhub.net/pages/NYSMLS/11342965/?channel=rexren", "MLSModificationTimestamp":"2024-10-17T13:05:06Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":0, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":9290, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 8:22:42 AM GMT
Source Updated Date: 12/25/2024 6:47:41 AM GMT

Courtesy of: Garrett Mr Zoller, LLNW / Z5Ranch Group, garrett@z5ranch.com

Copyright © 2024 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.