3521 Crater Lake Avenue, Medford, OR 97504
$996,000
Property Type:
Land
Lot Size (sq. ft.):
37,462
Status:
Active
Current Price:
$996,000
List Date:
4/23/2024
Last Modified:
4/23/2024
Description
High exposure commercial site at the signalized NW corner of Crater Lake Ave & Owen Drive. Across from the new Mountain
Mike's development. Shares common driveway with car wash and 2 lots to the West. Lot is part of the Tower Business Park PUD that allows commercial uses on this lot. Lot is subject to Restated Declaration of Easements, Conditions and Restrictions for Tower Retail Center subdivision. Owner reserves the right to approve proposed use of the lot. Owners would consider a land lease. Broker is part owner of part of the subject property. Sale will require a lot line adjustment prior to closing.
Supplements: ********
More Information MLS# 220181072
Location, Tax, and Legal
Street Number: 3521
Street Name: Crater Lake
Street Suffix: Avenue
County: Jackson
State: OR
Postal Code: 97504
Cross Street: Owen Drive
Section: Not Applicable
Subdivision Name: Tower Retail Center Subdivision
Parcel Number: 10996624
Tax Map Number: 37 1W 08BC
Tax Lot: 2513
Lot Size Acres: 0.86
Lot Size Square Feet: 37549
Additional Parcels YN: No
Contract Information
Original List Price: 996000
Current Price: $996,000
Status: Active
List Price: $996,000
List Price per Acre: 1158139.53
Listing Contract Date: 2024-04-23
Buyer Agency Compensation: 2.5
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: PUD
Tax Annual Amount: 8645.35
Tax Year: 2023
Irrigation Water Rights YN: No
CC&R's YN: Yes
Association YN: No
Senior Community YN: No
Horse Property YN: No
FIRPTA YN: No
Sign On Property YN: Yes
Garage YN: No
Remarks and Miscellaneous
Public Remarks: High exposure commercial site at the signalized NW corner of Crater Lake Ave & Owen Drive. Across from the new Mountain
Mike's development. Shares common driveway with car wash and 2 lots to the West. Lot is part of the Tower Business Park PUD that allows commercial uses on this lot. Lot is subject to Restated Declaration of Easements, Conditions and Restrictions for Tower Retail Center subdivision. Owner reserves the right to approve proposed use of the lot. Owners would consider a land lease. Broker is part owner of part of the subject property. Sale will require a lot line adjustment prior to closing.
Directions: North of Crater Lake Ave., and Owen Drive.
Status Change Information
Status Change Timestamp: 2024-04-23
Property Features
Current Use: Commercial; Vacant
Easements: Access
Fencing: None
Lot Features: Corner Lot; Level
Road Surface Type: Paved
Power Production: Public Utilities
Sewer: Public Sewer
Utilities: Electricity Available; Natural Gas Available; Phone Available
Utilities Location: At Street
Water Source: Public
Listing Terms: Cash; Conventional
Special Listing Conditions: Standard
Listing Office: Pulver and Leever Real Estate
Last Updated: April - 23 - 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.