For Sale
$268,000

3720 Crater Lake Ave Medford, OR 97504

Prime 2.36-acre commercial lot in Medford, OR.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 2.36-acre commercial lot, located at 3720 Crater Lake Ave in Medford, Oregon (zip code 97504), presents a unique investment opportunity. Zoned for high-density development, this property offers significant flexibility for a variety of commercial uses. The permitted zoning, designated as "hc," allows for the construction of high-density multifamily units, with a minimum of 30 units per multifamily residential building, or alternative commercial ventures such as self-storage facilities or a hotel. Situated in an established neighborhood of high-density homes, this terraced lot boasts stunning views. The property benefits from readily available city utilities, including sewer, water, and power, ensuring seamless development. Convenient access is provided via multiple streets, enhancing its accessibility and appeal. Its ideal location off Crater Lake Avenue further contributes to its desirability. The asking price for this remarkable property is $268,000. This is a rare opportunity to acquire a strategically located, versatile commercial lot with significant development potential in a thriving Oregon community.

Highlights

  • $268,000 asking price.
  • 2.36-acre commercial land parcel.
  • HC zoning allows high-density multifamily (minimum 30 units) or other commercial uses like self-storage or hotels.
  • City utilities (sewer, water, power) available.
  • Established neighborhood with existing high-density homes; terraced lot with views; deeded access from multiple streets; ideal Crater Lake Ave location.

Property Details for 3720 Crater Lake Ave

Property type
Land
Lot Size (sq. ft)
102,802 SF

Location Insight

City
Medford
County
Jackson
State
Oregon
Latitude
42.3708371
Longitude
-122.8538351

FAQs

What type of property is this?
Land - Prime 2.36-acre commercial lot in Medford, OR.
Where is the land located?
The property is located at 3720 Crater Lake Ave Medford, OR.
What is the asking price?
The asking price for this property is $268,000.
What are key features of this property?
This property features: $268,000 asking price.; 2.36-acre commercial land parcel.; HC zoning allows high-density multifamily (minimum 30 units) or other commercial uses like self-storage or hotels.
How can I contact the broker?
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3720 Crater Lake Ave
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