3811 Crater Lake Highway, Medford OR 97504

$2,000,000

3811 Crater Lake Highway, Medford, OR 97504

bedrooms

bathrooms

square feet

8,919

Acreage

2.09

Open Houses

year built

1958

Full Baths

Half Baths

Find out more

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.

Location
Subdivision	-
County	-
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

Find out more

Tell us who you are, and we will have someone reach out to you.

Name*

Email*

Phone*

Message

I have a house to sell

By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed and use pre-recorded and artificial voices), and email, from Kotohomes, Garrett Mr Zoller, and their network of service providers about your inquiry and other home-related matters.

Msg/data rates may apply. This consent applies even if you are on a do not call list and is not a condition of any purchase.

MLS number: 11342965

Listing agent: Garrett Mr Zoller

Listing broker: Llnw / Z5Ranch Group (844) 281-4301

Last update: Wednesday, January 15 2025 at 12:47 a.m. EST

Kotohomes National