1401 Pansy Lane, Grants Pass, OR 97527
$9,500,000
Property Type:
Commercial Sale
Square Footage:
36,867
Lot Size (sq. ft.):
155,074
Status:
Closed
Current Price:
$9,500,000
List Date:
3/21/2024
Last Modified:
12/07/2024
Description
A generational opportunity - welcome to The Flying Lark. An homage to the famous Grants Pass racehorse from the 1980s, The Flying Lark was a visionary project to become a regional landmark. Now, the property stands as a blank slate for an ambitious developer to create the West Coast's next entertainment destination. As a rare open market offering, the facility spans nearly 37,000 SF. From the architecturally stunning exterior, guests are led to the 10k+ SF main floor, anchored by the ornate central bar, and flows through to a full-service restaurant, sports bar, stage, and much more. An industrial-quality catering kitchen, loading dock, storage rooms, office suites and conf. rooms are tucked out of the public eye. Best viewed in person, it's evident each detail was meticulously thought out, with material choice at the forefront. The truly one-of-a-kind property is ready for a visionary developer to leave their mark on the future of Southern Oregon! Additional land may be available.
Supplements: ********
More Information MLS# 220172292
Location, Tax, and Legal
Cross Street: Redwood Avenue
Section: Not Applicable
Parcel Number: R319740
Lot Size Acres: 3.56
Lot Size Square Feet: 155074
Additional Parcels YN: No
General Property Information
Building Area Total: 36867
Building Area Source: Other
Building Area Units: Square Feet
# of Units Total: 1
New Construction YN: No
Zoning: GC
Tax Annual Amount: 228585
Tax Year: 2022
CC&R's YN: No
Preferred Escrow Company & Officer: Pond Team - Ticor Title
FIRPTA YN: No
Sign On Property YN: Yes
Year Built: 2022
Remarks and Miscellaneous
Public Remarks: A generational opportunity - welcome to The Flying Lark. An homage to the famous Grants Pass racehorse from the 1980s, The Flying Lark was a visionary project to become a regional landmark. Now, the property stands as a blank slate for an ambitious developer to create the West Coast's next entertainment destination. As a rare open market offering, the facility spans nearly 37,000 SF. From the architecturally stunning exterior, guests are led to the 10k+ SF main floor, anchored by the ornate central bar, and flows through to a full-service restaurant, sports bar, stage, and much more. An industrial-quality catering kitchen, loading dock, storage rooms, office suites and conf. rooms are tucked out of the public eye. Best viewed in person, it's evident each detail was meticulously thought out, with material choice at the forefront. The truly one-of-a-kind property is ready for a visionary developer to leave their mark on the future of Southern Oregon! Additional land may be available.
Status Change Information
Sold Price per SqFt: 257.68
Close Date: 2024-12-06
Under Contract Date: 2024-04-25
Status Change Timestamp: 2024-12-06
Close Price: 9500000
Currently Not Used
List Price per SqFt: 404.16
Additional Features
ADA Comply: 1
Common Area: 1
Expandable: 1
Free Span Roof: 1
Kitchen: 1
Office Space: 1
Common Walls
No Common Walls: 1
Cooling
Central Air: 1
Easements
Access: 1
Construction Materials
Concrete: 1
Steel Frame: 1
Flooring
Carpet: 1
Laminate: 1
Listing Terms
Cash: 1
Conventional: 1
Owner Will Carry: 1
Foundation Details
Slab: 1
Other: 1
Flood
N/A: 1
Heating
Electric: 1
Forced Air: 1
Levels
Two: 1
Multi/Split: 1
Lot Features
Corner Lot: 1
Drip System: 1
Landscaped: 1
Level: 1
Water Feature: 1
Roof
Membrane: 1
Metal: 1
Security Features
Fire Sprinkler System: 1
Security System Owned: 1
Other: 1
Road Surface Type
Paved: 1
Business Details
Business Included?: No
Exterior Features
Courtyard: 1
Outdoor Kitchen: 1
Parking Features
Alley Access: 1
Asphalt: 1
No Garage: 1
Parking Lot: 1
Patio and Porch Features
Patio: 1
Power Production
None: 1
Sewer
Public Sewer: 1
Utilities
Electricity Connected: 1
Water Source
Public: 1
Parking Details
Parking: Yes
# of Parking Spaces: 153
Special Listing Conditions
Standard: 1
Location Tax and Legal
Street Number: 1401
Street Name: Pansy
Street Suffix: Lane
County: Josephine
State: OR
Postal Code: 97527
Contract Information
Original List Price: 14900000
Current Price: $9,500,000
Status: Closed
Sold Price: $9,500,000
Listing Contract Date: 2023-10-06
Property Features
Additional Features: ADA Comply; Common Area; Expandable; Free Span Roof; Kitchen; Office Space
Common Walls: No Common Walls
Construction Materials: Concrete; Steel Frame
Cooling: Central Air
Flooring: Carpet; Laminate
Foundation Details: Slab; Other
Heating: Electric; Forced Air
Levels: Two; Multi/Split
Roof: Membrane; Metal
Security Features: Fire Sprinkler System; Security System Owned; Other
Easements: Access
Exterior Features: Courtyard; Outdoor Kitchen
Flood: N/A
Utilities: Electricity Connected
Lot Features: Corner Lot; Drip System; Landscaped; Level; Water Feature
Parking Features: Alley Access; Asphalt; No Garage; Parking Lot
Patio and Porch Features: Patio
Road Surface Type: Paved
Power Production: None
Sewer: Public Sewer
Water Source: Public
Listing Terms: Cash; Conventional; Owner Will Carry
Special Listing Conditions: Standard
Documents
Offering Memorandum ›
Listing Office:
Merit Commercial RE, LLC
Last Updated: December - 07 - 2024
Information deemed reliable but not guaranteed.