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3860 Crater Lake Ave

12,982 SF 50% Leased Office Building Medford, OR 97504 £3,385,476 (£261/SF)

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Investment Highlights

Class A Medical Office/Clinic Space Available to Occupy
High Quality Construction and Finishes

Existing Tenant in Place in Half of the Building
Easy Access to Highway 62 and North Medford

Executive Summary

Rare opportunity to own your own medical building, with room for expansion. This Class A medical building includes a space to occupy approximately 6,500 sq.ft. and is ideal for medical or dental use or general office use. The property has just been rezoned to allow for a wide range of medical uses. The suite has 7 exam rooms, 7 executive offices, conference room, library, 2 laboratory rooms, 2 bathrooms and upstairs file storage space. The adjacent tenant has been in the building since construction. This provides rent to offset ownership costs, and it can be available in the future for expansion. High quality building construction and interior finishes. Excellent on-site parking, with easy access to Crater Lake Highway. Close to restaurants and services. Rare opportunity for medical suite ready to occupy. Vacant suite is also available for lease. Tour by appointment only, do not disturb tenants.

3860 Crater Lake Avenue, Medford Medical_Clinic OM 8-11-24

Property Facts

Sale Type

Investment or Owner User

Property Type

Office

Property Subtype

Medical

Building Size

12,982 SF

Building Class

Year Built

2000

Price

£3,385,476

Price Per SF

£261

Percent Leased

50%

Tenancy

Multiple

Number of Floors

Typical Floor Size

9,982 SF

Building FAR

0.30

Land Acres

1.01 AC

Opportunity Zone

Yes

Zoning

I-L - Community Commercial - Allows for general office use, Medical or Dental Laboratories.

Parking

39 Spaces (3 Spaces per 1,000 SF Leased)

Amenities

Central Heating

High Ceilings

Air Conditioning

Space Availability

1st Fl-Ste B
6,500 SF
Office/Medical
Full Build-Out
Now

1/7

3860 Crater Lake Ave, Medford, OR for sale Building Photo- Image 1 of 7 — Building Photo

3860 Crater Lake Ave, Medford, OR for sale Building Photo- Image 2 of 7 — Building Photo

3860 Crater Lake Ave, Medford, OR for sale Building Photo- Image 3 of 7 — Building Photo

3860 Crater Lake Ave, Medford, OR for sale Building Photo- Image 4 of 7 — Building Photo

3860 Crater Lake Ave, Medford, OR for sale Building Photo- Image 5 of 7 — Building Photo

3860 Crater Lake Ave, Medford, OR for sale Building Photo- Image 6 of 7 — Building Photo

3860 Crater Lake Ave, Medford, OR for sale Building Photo- Image 7 of 7 — Building Photo

This Class A medical space is approximately 6,500 sq.ft. and is ideal for medical or dental use or general office use. The property has just been rezoned to allow for a wide range of medical uses. The suite has 7 exam rooms, 7 executive offices, conference room, library, 2 laboratory rooms, 2 bathrooms and upstairs file storage space. High quality building construction and interior finishes. Excellent on-site parking, with easy access to Crater Lake Highway. Close to restaurants and services. Rare opportunity for medical suite ready to occupy. Property is also available for sale with a tenant remaining in the balance of the building. Tour by appointment only, do not disturb tenants.