1321 Center Drive, Medford, OR 97501
$7,500,000
Property Type:
Commercial Sale
Square Footage:
50,583
Lot Size (sq. ft.):
227,819
Status:
Closed
Current Price:
$7,500,000
List Date:
11/09/2022
Last Modified:
11/06/2024
Overview
Description
Listing Details MLS# 220156122
General Property Information
- Building Area Total
- 50583
- Building Area Source
- Assessor
- Building Area Units
- Square Feet
- # of Units Total
- Yes
- Year Built
- 1993
- New Construction YN
- No
- Zoning
- C-R
- Tax Annual Amount
- 95048
- Tax Year
- 2021
- CC&R's YN
- No
- Preferred Escrow Company & Officer
- First American
- FIRPTA YN
- No
- Sign On Property YN
- Yes
Property Features
Additional Features:
3 Phase Electric; ADA Comply; Kitchen; Mezzanine; Office Space; Separate Electric Meters; Separate Gas Meters
Basement:
None
Common Walls:
No Common Walls
Construction Materials:
Concrete
Cooling:
Central Air
Flooring:
Carpet; Concrete; Laminate; Tile; Vinyl
Foundation Details:
Slab
Heating:
Forced Air
Levels:
Two
Roof:
Membrane
Security Features:
Fire Sprinkler System; Security System Owned
Utilities:
Electricity Connected
Parking Features:
Asphalt
Road Frontage Type:
Shared Access
Sewer:
Public Sewer
Water Source:
Public
Listing Terms:
Cash; Conventional
Special Listing Conditions:
Standard
Location Tax and Legal
- Street Number
- 1321
- Street Name
- Center
- Street Suffix
- Drive
- County
- Jackson
- State
- OR
- Postal Code
- 97501
Contract Information
- Original List Price
- 7999000
- Listing Contract Date
- 2022-11-07
Remarks and Miscellaneous
- Public Remarks
- Superior location for this 50,583 square foot commercial building. Currently built out as office, with a large call center, multiple training rooms, conference rooms, extensive IT infrastructure, back up generator power, extensive parking, visibility in a busy commercial area, visibility from I-5. Could easily be returned to a big-box retail format, or continued use as a corporate headquarters.
Status Change Information
- Close Date
- 2023-06-28
- Under Contract Date
- 2023-06-23
- Status Change Timestamp
- 2023-06-29
- Close Price
- 7500000
- Sold Price per SqFt
- 148.27
More Information
Currently Not Used
- List Price per SqFt
- 165.08
Business Details
- Business Included?
- No
Parking Details
- Parking
- Yes
- # of Parking Spaces
- 175
- # of Carports
- Yes
Location, Tax, and Legal
- Cross Street
- e stewart
- Section
- Not Applicable
- Parcel Number
- 1-0831383
- Lot Size Acres
- 5.23
- Lot Size Square Feet
- 227819
- Additional Parcels YN
- No
Additional Features
- 3 Phase Electric
- Yes
- ADA Comply
- Yes
- Kitchen
- Yes
- Mezzanine
- Yes
- Office Space
- Yes
- Separate Electric Meters
- Yes
- Separate Gas Meters
- Yes
Basement
- None
- Yes
Common Walls
- No Common Walls
- Yes
Cooling
- Central Air
- Yes
Construction Materials
- Concrete
- Yes
Flooring
- Carpet
- Yes
- Concrete
- Yes
- Laminate
- Yes
- Tile
- Yes
- Vinyl
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Foundation Details
- Slab
- Yes
Heating
- Forced Air
- Yes
Levels
- Two
- Yes
Roof
- Membrane
- Yes
Security Features
- Fire Sprinkler System
- Yes
- Security System Owned
- Yes
Road Frontage Type
- Shared Access
- Yes
Parking Features
- Asphalt
- Yes
Sewer
- Public Sewer
- Yes
Utilities
- Electricity Connected
- Yes
Water Source
- Public
- Yes
Special Listing Conditions
- Standard
- Yes
Listing Office:
Merit Commercial RE, LLC
Last Updated: November - 06 - 2024
Information deemed reliable but not guaranteed.