x
Views
Address
3720 Crater Lake Avenue Medford, OR
Price
$ 375,000
Property Attributes
  • MLS#2980289
  • TypeCommercial
  • CountyJACKSON
  • CityMedford
  • AreaEast Medford
  • Zip97504
  • StyleLand
  • Price$ 375,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2.36 Acres
Listing Provided Courtesy Of:
Merit Commercial RE, LLC
Property Description

Zone Change has turned this property into a valuable commodity. Flexible commercial zoning allowing high density multifamily units (minimum MFR 30) or many other commercial uses such as self storage or a hotel. Sewer, Water, power available. established neighborhood of existing high density homes. Terraced property has views, city utilities on site, deeded access from multiple streets, and an ideal location off of Crater Lake Ave. Recent code change allows building height of 55ft for multifamily allowed with current commercial zoning. Located within opportunity zone. Seller believes possible to rezone to multi-family or residential if lower density preferred to the current mfr-30 density allowed under the commercial zoning.

Price History
11/14/2018 Listed $375,000
6/4/2019 22% - $295,000

General Features

Land Type Mixed-Use, Multi-Fmly 5+ units
Property SubType Commercial
Property Type Commercial Sale
Type Land
Zoning C-H

Interior Features

Living Area 0.00
Utilities Cable Available, Natural Gas Available, Electricity Available, Telephone, See Remarks

Exterior Features

Fencing Partial
Lot Size Acres 2.36
Lot Size Source (Assessor)
Lot Size Square Feet 102802.00
Sewer RVS
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 97504

Price
AVG $1.24M
$380K
Visits
AVG 23
2

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