$2,000,000
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3811 CRATER LAKE Hwy Medford, OR 97504
Other
Residence
Beds
Baths
...
Bed/Bath
8,640
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
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. 2008 Avg Daily Traffic was 33,700. The property is located .35 of mile from a 1,000 residential unit develop...ment and 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. Southern adjoining .81 acre lot also available for sale by another Broker if more land is needed.
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MLS#
24451951
Property Type
Other
Status
Year Built
1958
Square Feet
8,640
sq. ft
Lot Size
2.09
Sewer
Public Sewer Available
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