3720 Crater Lake Avenue, Medford, OR

$265,000

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102,802

Square feet

2.36

Acres

About 3720 Crater Lake Avenue

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.

Features of 3720 Crater Lake Avenue

MLS® # 102980292
Price $265,000
Square Footage 102,802
Acres 2.36
Type Land
Sub-Type Commercial
Status Active

Community Information

Address 3720 Crater Lake Avenue
Subdivision N/A
City Medford
County Jackson
State OR
Zip Code 97504

Amenities

Is Waterfront No

School Information

Elementary Check with District
Middle Check with District
High Check with District

Additional Information

Date Listed July 31st, 2017
Days on Market 2393
Zoning c-h
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

OfficeMerit Commercial RE, LLC

Listing Map

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