For Sale
$2,000,000

3811 Crater Lake Hwy Medford, OR 97504

High-traffic Hwy 62 Mixed-Use Property

Overview

Added:
Dec 11, 2024
Days on market:
128
This exceptional investment opportunity presents a fully leased, mixed-use property situated on a highly visible 2.09-acre lot along Highway 62 in Medford, Oregon. The property boasts three distinct structures totaling approximately 8,919 square feet, generating a substantial annual gross rental income of $162,727.50. The main structure, encompassing roughly 6,469 square feet, features two units: a fully finished 100% office space currently leased to a real estate office (with flexible leaseback options for the seller/lessee) and a unit leased to an automotive shop (approximately 30% office space). A separate 2,318-square-foot shop, built in 2014, sits on a ground lease and is owned by the seller's brother, offering flexibility for leaseback or purchase options. Finally, a 132-square-foot Dutch Bros drive-through coffee stand occupies a ground lease directly facing Crater Lake Highway. The property's location within a growth area ensures strong future potential. The listed price includes the income generated by the 2,318-square-foot shop ($36,000 annually). An adjacent 0.81-acre lot is also available for purchase separately, providing an opportunity for expansion. This property is an ideal investment for those seeking a stable, high-income-generating asset in a prime Medford location. The property is comprised of one dividable tax lot.

Highlights

  • $2,000,000 asking price.
  • 2.09-acre office property in Medford, Oregon.
  • Fully leased with long-term tenants, generating $162,727.50 in annual gross rental income.
  • Three distinct structures totaling approximately 8,919 square feet, including a 6,469 SF main building with two divisible units (one office, one automotive shop), a 2,318 SF shop built in 2014, and a 132 SF Dutch Bros drive-through.
  • High-traffic location on Highway 62.

Property Details for 3811 Crater Lake Hwy

Property type
Office properties
Lot Size (sq. ft)
91,040 SF

Location Insight

City
Medford
County
41029
State
Oregon
Latitude
42.3733002
Longitude
-122.8562698
3811 Crater Lake Hwy, Medford, Oregon

FAQs

What type of property is this?
Office property - High-traffic Hwy 62 Mixed-Use Property
Where is the office property located?
The property is located at 3811 Crater Lake Hwy Medford, OR.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: $2,000,000 asking price.; 2.09-acre office property in Medford, Oregon.; Fully leased with long-term tenants, generating $162,727.50 in annual gross rental income.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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3811 Crater Lake Hwy
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