1321 Center Drive, Medford, OR 97501
$7,500,000
Property Type:
Commercial Sale
Square Footage:
50,583
Lot Size (sq. ft.):
227,819
Status:
Closed
Current Price:
$7,500,000
List Date:
11/09/2022
Last Modified:
11/06/2024
Description
Superior location for this 50,583 square foot commercial building. Currently built out as office, with a large call center, multiple training rooms, conference rooms, extensive IT infrastructure, back up generator power, extensive parking, visibility in a busy commercial area, visibility from I-5. Could easily be returned to a big-box retail format, or continued use as a corporate headquarters.
Supplements: ********
More Information MLS# 220156122
Location, Tax, and Legal
Cross Street: e stewart
Section: Not Applicable
Parcel Number: 1-0831383
Lot Size Acres: 5.23
Lot Size Square Feet: 227819
Additional Parcels YN: No
General Property Information
Building Area Total: 50583
Building Area Source: Assessor
Building Area Units: Square Feet
# of Units Total: 1
New Construction YN: No
Zoning: C-R
Tax Annual Amount: 95048
Tax Year: 2021
CC&R's YN: No
Preferred Escrow Company & Officer: First American
FIRPTA YN: No
Sign On Property YN: Yes
Year Built: 1993
Remarks and Miscellaneous
Public Remarks: Superior location for this 50,583 square foot commercial building. Currently built out as office, with a large call center, multiple training rooms, conference rooms, extensive IT infrastructure, back up generator power, extensive parking, visibility in a busy commercial area, visibility from I-5. Could easily be returned to a big-box retail format, or continued use as a corporate headquarters.
Status Change Information
Sold Price per SqFt: 148.27
Close Date: 2023-06-28
Under Contract Date: 2023-06-23
Status Change Timestamp: 2023-06-29
Close Price: 7500000
Currently Not Used
List Price per SqFt: 165.08
Additional Features
3 Phase Electric: 1
ADA Comply: 1
Kitchen: 1
Mezzanine: 1
Office Space: 1
Separate Electric Meters: 1
Separate Gas Meters: 1
Basement
None: 1
Common Walls
No Common Walls: 1
Cooling
Central Air: 1
Construction Materials
Concrete: 1
Flooring
Carpet: 1
Concrete: 1
Laminate: 1
Tile: 1
Vinyl: 1
Listing Terms
Cash: 1
Conventional: 1
Foundation Details
Slab: 1
Heating
Forced Air: 1
Levels
Two: 1
Roof
Membrane: 1
Security Features
Fire Sprinkler System: 1
Security System Owned: 1
Road Frontage Type
Shared Access: 1
Business Details
Business Included?: No
Parking Features
Asphalt: 1
Sewer
Public Sewer: 1
Utilities
Electricity Connected: 1
Water Source
Public: 1
Parking Details
Parking: Yes
# of Carports: 1
# of Parking Spaces: 175
Special Listing Conditions
Standard: 1
Location Tax and Legal
Street Number: 1321
Street Name: Center
Street Suffix: Drive
County: Jackson
State: OR
Postal Code: 97501
Contract Information
Original List Price: 7999000
Current Price: $7,500,000
Status: Closed
Sold Price: $7,500,000
Listing Contract Date: 2022-11-07
Property Features
Additional Features: 3 Phase Electric; ADA Comply; Kitchen; Mezzanine; Office Space; Separate Electric Meters; Separate Gas Meters
Basement: None
Common Walls: No Common Walls
Construction Materials: Concrete
Cooling: Central Air
Flooring: Carpet; Concrete; Laminate; Tile; Vinyl
Foundation Details: Slab
Heating: Forced Air
Levels: Two
Roof: Membrane
Security Features: Fire Sprinkler System; Security System Owned
Utilities: Electricity Connected
Parking Features: Asphalt
Road Frontage Type: Shared Access
Sewer: Public Sewer
Water Source: Public
Listing Terms: Cash; Conventional
Special Listing Conditions: Standard
Listing Office:
Merit Commercial RE, LLC
Last Updated: November - 06 - 2024
Information deemed reliable but not guaranteed.