About 1225 Corona Avenue
This multifaceted property is located near Medford's highest population density neighborhood, Medford's sprouting financial district, and is situated about 200 feet from the Providence Medford Medical Center campus. A multitude of options are open with this luxury VRBO home on its own tax lot AND ALSO 3 additional, empty and individually sellable tax lots, all included for one price! Commercial zoning has already extended from McAndrews down Corona Avenue and the land currently abuts commercially zoned properties. Seller states that development of 32 units or a four story medical campus may be the highest and best use. Instant income is possible with its current VRBO, Airbnb, luxury rental set up with contemporary styling, custom concrete floors and fully updated throughout. Buyer to do their own due diligence on all aspects of use.
Features of 1225 Corona Avenue
MLS® # | 220177777 |
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Price | $1,495,000 |
Bedrooms | 3 |
Bathrooms | 2.00 |
Full Baths | 2 |
Square Footage | 2,044 |
Square Footage | 2044.00 |
Acres | 1.18 |
Year Built | 1946 |
Type | Residential |
Sub-Type | Single Family Residence |
Style | Contemporary |
Status | Active |
Community Information
Address | 1225 Corona Avenue |
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Subdivision | N/A |
City | Medford |
County | Jackson |
State | OR |
Zip Code | 97504 |
Amenities
Parking Spaces | 2 |
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Parking | Asphalt |
# of Garages | 2 |
Is Waterfront | No |
Interior
Appliances | Cooktop, Dishwasher, Double Oven, Dryer, Range Hood, Refrigerator, Washer |
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Heating | Heat Pump |
Cooling | Central Air |
Fireplace | No |
Stories | One |
Has Basement | No |
Basement | None |
Exterior
Roof | Composition |
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Construction | Frame |
Foundation | Slab |
School Information
Elementary | Wilson Elem |
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Middle | Hedrick Middle |
High | North Medford High |
Additional Information
Date Listed | March 1st, 2024 |
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Days on Market | 248 |
Zoning | SFR-4 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Ford Real Estate |
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