$2,000,000

3811 Crater Lake Highway , Medford, OR 97504

 
Bedrooms:0 beds
Bathrooms:0 baths
Commercial Sale:8,919 sqft
Lot:2.09
Year Built:1958
Listing Status:Active

Listing Agent

Garrett Mr Zoller
Loan Amount:
Interest:
Term (Years):
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Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

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.

Detailed Items

Other Information

3811 Crater Lake Highway, Medford, OR, 97504 is a commercial sale listing of 8,919 sqft on a lot of 2.09. This commercial sale listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property3811 Crater Lake Highway, Medford, OR
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