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$ 2,395,000
Est. payment /mo
Active
650 Royal AVE Medford, OR 97504
18,354 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 18,354 sqft
Price per Sqft $130
MLS Listing ID 220175394
Year Built 1964
Lot Size 1.850 Acres
Acres 1.85
Lot Dimensions 1.85
Property Description
1.85 acres with buildings of approximately 17,500 SQ. FT. and parking for 80 plus vehicles. The building prior to being converted to a school by First Baptist Church and the 549c School District was a professional office building. The School District reconfigured the property into general office space, classrooms, large meeting room and private offices (see attached floor plan). CAT 5 is available. The current Zoning is C - S/P surrounded by MFR - 30. Given the Zoning continued use as a school or reconfiguring to professional office/medical office are both possibilities. Providence Hospital is located within 2 blocks. The Seller may consider owner carry with a substantial down and a balloon payment in 3 to 5 years. The Seller will also consider a lot line adjustment (see attached site map) to add .48 (95' x 221.35') of an acre, to the existing 1.85-acre parcel. Price to be determined.
Location
State OR
County Jackson
Direction McAndrews or Stevens to Royal.
Interior
Heating Natural Gas
Cooling Central Air
Exterior
Parking Features Asphalt
Roof Type Membrane
Building
Foundation Concrete Perimeter
Water Public
Level or Stories One
Structure Type Frame,ICFs (Insulated Concrete Forms)
New Construction No
Others
Senior Community No
Tax ID 10329994
Acceptable Financing Cash, Conventional, Owner Will Carry
Listing Terms Cash, Conventional, Owner Will Carry
Special Listing Condition Standard
Listed by John L. Scott Medford