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1600 E Pine Street, Central Point, OR 97502

$6,000,000
Property Type: Land Lot Size (sq. ft.): 146,797 Status: Active
Current Price: $6,000,000 List Date: 4/18/2024 Last Modified: 4/18/2024

Description

Annual rent beginning Jan. 1, 2022 is $270,000/yr Net Net Net. New 20 year renewal. Lease documents provided only when in contract and w/NDA. Frank J. Pulver, III and William L. Leever, Brokers are part owners of Travel Center Development, LLC(Seller) and acting for profit as well as Sellers' agent.

Supplements: ********

More Information MLS# 220180700

Location, Tax, and Legal

Street Number: 1600 Street Dir Prefix: E Street Name: Pine Street Suffix: Street County: Jackson State: OR Postal Code: 97502 Cross Street: Peninger Section: Not Applicable Subdivision Name: N/A Parcel Number: 10887833 Tax Lot: 2301,2401,2901 Lot Size Acres: 3.37 Lot Size Square Feet: 146797 Additional Parcels YN: No

Contract Information

Original List Price: 6000000 Current Price: $6,000,000 Status: Active List Price: $6,000,000 List Price per Acre: 1780415.43 Listing Contract Date: 2024-04-18 Buyer Agency Compensation: 2 Buyer Agency Compensation Type: %

General Property Information

Property Sub Type: Commercial Elementary School: Check with District Middle Or Junior School: Check with District High School: Check with District Zoning: C-4 Tax Annual Amount: 60588.29 Tax Year: 2023 Potential Tax Liability YN: No Assessment YN: No Irrigation Water Rights YN: No CC&R's YN: Yes Association YN: No Senior Community YN: No Preferred Escrow Company & Officer: First American Title FIRPTA YN: No Sign On Property YN: No Garage YN: No

Remarks and Miscellaneous

Public Remarks: Annual rent beginning Jan. 1, 2022 is $270,000/yr Net Net Net. New 20 year renewal. Lease documents provided only when in contract and w/NDA. Frank J. Pulver, III and William L. Leever, Brokers are part owners of Travel Center Development, LLC(Seller) and acting for profit as well as Sellers' agent. Directions: SE corner of S. Peninger Road & E. Pine Street.

Status Change Information

Status Change Timestamp: 2024-04-18

Property Features

Current Use: Commercial Fencing: None Flood: Plain Lot Features: Corner Lot Road Surface Type: Paved Power Production: Public Utilities Sewer: Public Sewer Utilities: Electricity Available Water Source: Public Listing Terms: Cash Special Listing Conditions: Standard
Listing Office: Pulver and Leever Real Estate
Last Updated: April - 18 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Broker Attribution: 541-773-5391

Information deemed reliable but not guaranteed.