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226 N Ross Lane, Medford, OR 97501

$19,500
Property Type: Commercial Lease Square Footage: 16,137 Lot Size (sq. ft.): 76,230 Status: Active
Current Price: $19,500 List Date: 8/30/2023 Last Modified: 8/30/2023

Description

High Traffic Commercial Location in West Medford. ~16,137 sf building, originally built for the Moose Lodge. Has housed a child development center. Original build had many amenities (Commercial Kitchen; Ballroom) that are still in place. Owner would consider contributing to modifications for a credit tenant, amortized into the rent. Building construction would allow the building to be modified to a more retail-oriented facade. Asking Rent: $19,500/mo. NNN. Initial lease term of 5+ years. Owner reserves the right to approve Tenant and use.

Supplements: ********

More Information MLS# 220170505

Location, Tax, and Legal

Street Number: 226 Street Dir Prefix: N Street Name: Ross Street Suffix: Lane County: Jackson State: OR Postal Code: 97501 Zip +4: 0286 Section: Not Applicable Parcel Number: 1-0430293 Tax Map Number: 37 2W 26AD Tax Lot: 2400 Lot Size Acres: 1.75 Lot Size Square Feet: 76230 Additional Parcels YN: No

Contract Information

Original List Price: 19500 Current Price: $19,500 Status: Active List Price: $19,500 Lease Rate Options: $ Amt/Mo List Price per SqFt: 1.21 Listing Contract Date: 2023-08-30 Buyer Agency Compensation: 2.5 Buyer Agency Compensation Type: %

General Property Information

Building Area Total: 16137 Building Area Source: Assessor Building Area Units: Square Feet # of Units Total: 1 Year Built: 1994 Zoning: C-C Tax Annual Amount: 37423.39 Tax Year: 2021 CC&R's YN: Yes FIRPTA YN: No Sign On Property YN: Yes

Remarks and Miscellaneous

Public Remarks: High Traffic Commercial Location in West Medford. ~16,137 sf building, originally built for the Moose Lodge. Has housed a child development center. Original build had many amenities (Commercial Kitchen; Ballroom) that are still in place. Owner would consider contributing to modifications for a credit tenant, amortized into the rent. Building construction would allow the building to be modified to a more retail-oriented facade. Asking Rent: $19,500/mo. NNN. Initial lease term of 5+ years. Owner reserves the right to approve Tenant and use. Directions: Property is at the Corner of W. McAndrews Road and N. Ross Lane.

Status Change Information

Status Change Timestamp: 2023-08-30

Business Details

Business Included?: No

Parking Details

Parking: Yes # of Parking Spaces: 40 # of Other Parking: 60

Property Features

Common Walls: No Common Walls Construction Materials: Concrete; Frame Cooling: Central Air Flooring: Carpet; Tile; Vinyl Foundation Details: Slab Heating: Free-Standing Levels: One Roof: Membrane Security Features: Fire Sprinkler System; Security System Leased Existing Lease Type: NNN Tenant Pays: Common Area Maintenance; Electricity; Exterior Maintenance; Gas; Insurance; Interior Maintenance; Janitorial Service; Repairs; Sewer; Taxes; Water; Other Easements: Access; Utilities Parking Features: Asphalt; Parking Lot Power Production: Public Utilities Sewer: Public Sewer Water Source: Public Listing Terms: Contract Special Listing Conditions: Standard
Listing Office: Pulver and Leever Real Estate
Last Updated: August - 30 - 2023

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.