3755 Crater Lake Hwy - Freestanding FOR SALE


Medford, OR 97504
$1,800,000 USD
541-944-9967
3755 Crater Lake Hwy, Medford, OR for Sale
$1,800,000 USD
Freestanding - FOR SALE
1/84
null | Request Cap Rate

3755 Crater Lake Hwy
Medford, OR 97504


HIGHLIGHTS

  • Highway frontage & monument signage
  • I-G General Industrial zoning
  • Showroom + warehouse configuration
  • ±22 parking spaces
  • Extensive mezzanine storage system

OVERVIEW

Merit Commercial Real Estate is pleased to exclusively present 3755 Crater Lake Highway, a flex industrial building located in Medford, Oregon (the "Subject"). The Subject is situated on a 0.89 acre parcel off of Crater Lake Highway, a high-traffic arterial within the Rogue Valley, and features ±85' of prominent and direct highway frontage with a large two-sided monument sign. As a newer building, the infrastructure is ideal. This is a fully fire sprinkled CMU and steel-frame building with a standing seam metal roof, all on a slab foundation, providing the ideal structure for long-term, low-maintenance use. As a former auto parts store, the interior layout is divided into a publicly accessible sales floor and large back of house warehouse, and two usable levels. The first floor encompasses the ±8,015 SF envelope of the building and currently features an open sales floor, 3 private offices, a storage/mechanical room, and two private restrooms. Easily accessible from the sales floor, the first level also includes a substantial industrial metal-framed shelving system and a designated loading area with one 10'w x 12'h grade-level drive-in overhead door. The second floor is a mix of approx. 893 SF of finished space (break room, offices), and well over 2,000 SF of a large shelving-supported catwalk mezzanine, effectively doubling the inventory storage capacity. Built as a semi-permanent racking system, the second level is accessed via one of three metal staircases and provides easy flow to 9 more rows of racking, a large break room with kitchenette, and two offices. Outside, the Subject enjoys fully paved surfaces, with a front parking lot providing ±12 customer spaces and a large rear lot with room for ±20 vehicles. Additionally, there is a fully fenced gravel yard to the far west of the Subject lot, which is currently leased to a towing company. Additional lease details available upon request. The surrounding area is a proven commercial corridor with established retail, office, and industrial properties, including the prominent Crater Lake Plaza shopping center, various small-scale professional offices, automotive dealerships, and general industrial warehouses. The opportunity at 3755 Crater Lake Highway is clear for prospective buyers. The Subject is a well maintained flex industrial building on a high-traffic roadway with a layout suitable for a wide variety of prospective users. Buyer is responsible for any and all due diligence. Contact the listing brokers today for more information and a private tour.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$202 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

undefined, Storefront, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

I-G

APN/PARCEL ID

10977097

ASK ABOUT THIS PROPERTY

Caspian HoehneMerit Commercial Real Estate LLCMore Info
541-944-9967

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Caspian HoehneMerit Commercial Real Estate LLCMore Info
541-944-9967

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.