1401 Pansy Lane, Grants Pass, OR 97527
$9,500,000
Property Type:
Commercial Sale
Square Footage:
36,867
Lot Size (sq. ft.):
155,074
Status:
Closed
Current Price:
$9,500,000
List Date:
3/21/2024
Last Modified:
12/07/2024
Overview
Description
Listing Details MLS# 220172292
General Property Information
- Building Area Total
- 36867
- Building Area Source
- Other
- Building Area Units
- Square Feet
- # of Units Total
- Yes
- Year Built
- 2022
- New Construction YN
- No
- Zoning
- GC
- Tax Annual Amount
- 228585
- Tax Year
- 2022
- CC&R's YN
- No
- Preferred Escrow Company & Officer
- Pond Team - Ticor Title
- FIRPTA YN
- No
- Sign On Property YN
- Yes
Property Features
Additional Features:
ADA Comply; Common Area; Expandable; Free Span Roof; Kitchen; Office Space
Common Walls:
No Common Walls
Construction Materials:
Concrete; Steel Frame
Cooling:
Central Air
Flooring:
Carpet; Laminate
Foundation Details:
Slab; Other
Heating:
Electric; Forced Air
Levels:
Two; Multi/Split
Roof:
Membrane; Metal
Security Features:
Fire Sprinkler System; Security System Owned; Other
Easements:
Access
Exterior Features:
Courtyard; Outdoor Kitchen
Flood:
N/A
Utilities:
Electricity Connected
Lot Features:
Corner Lot; Drip System; Landscaped; Level; Water Feature
Parking Features:
Alley Access; Asphalt; No Garage; Parking Lot
Patio and Porch Features:
Patio
Road Surface Type:
Paved
Power Production:
None
Sewer:
Public Sewer
Water Source:
Public
Listing Terms:
Cash; Conventional; Owner Will Carry
Special Listing Conditions:
Standard
Location Tax and Legal
- Street Number
- 1401
- Street Name
- Pansy
- Street Suffix
- Lane
- County
- Josephine
- State
- OR
- Postal Code
- 97527
Contract Information
- Original List Price
- 14900000
- Listing Contract Date
- 2023-10-06
Remarks and Miscellaneous
- Public Remarks
- A generational opportunity - welcome to The Flying Lark. An homage to the famous Grants Pass racehorse from the 1980s, The Flying Lark was a visionary project to become a regional landmark. Now, the property stands as a blank slate for an ambitious developer to create the West Coast's next entertainment destination. As a rare open market offering, the facility spans nearly 37,000 SF. From the architecturally stunning exterior, guests are led to the 10k+ SF main floor, anchored by the ornate central bar, and flows through to a full-service restaurant, sports bar, stage, and much more. An industrial-quality catering kitchen, loading dock, storage rooms, office suites and conf. rooms are tucked out of the public eye. Best viewed in person, it's evident each detail was meticulously thought out, with material choice at the forefront. The truly one-of-a-kind property is ready for a visionary developer to leave their mark on the future of Southern Oregon! Additional land may be available.
Status Change Information
- Close Date
- 2024-12-06
- Under Contract Date
- 2024-04-25
- Status Change Timestamp
- 2024-12-06
- Close Price
- 9500000
- Sold Price per SqFt
- 257.68
More Information
Currently Not Used
- List Price per SqFt
- 404.16
Business Details
- Business Included?
- No
Parking Details
- Parking
- Yes
- # of Parking Spaces
- 153
Documents
Offering Memorandum ›
Listing Office:
Merit Commercial RE, LLC
Last Updated: December - 07 - 2024
Information deemed reliable but not guaranteed.