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

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.

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

Location, Tax, and Legal

Cross Street
Redwood Avenue
Section
Not Applicable
Parcel Number
R319740
Lot Size Acres
3.56
Lot Size Square Feet
155074
Additional Parcels YN
No

Additional Features

ADA Comply
Yes
Common Area
Yes
Expandable
Yes
Free Span Roof
Yes
Kitchen
Yes
Office Space
Yes

Common Walls

No Common Walls
Yes

Cooling

Central Air
Yes

Easements

Access
Yes

Construction Materials

Concrete
Yes
Steel Frame
Yes

Flooring

Carpet
Yes
Laminate
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Owner Will Carry
Yes

Foundation Details

Slab
Yes
Other
Yes

Flood

N/A
Yes

Heating

Electric
Yes
Forced Air
Yes

Levels

Two
Yes
Multi/Split
Yes

Lot Features

Corner Lot
Yes
Drip System
Yes
Landscaped
Yes
Level
Yes
Water Feature
Yes

Roof

Membrane
Yes
Metal
Yes

Security Features

Fire Sprinkler System
Yes
Security System Owned
Yes
Other
Yes

Road Surface Type

Paved
Yes

Exterior Features

Courtyard
Yes
Outdoor Kitchen
Yes

Parking Features

Alley Access
Yes
Asphalt
Yes
No Garage
Yes
Parking Lot
Yes

Patio and Porch Features

Patio
Yes

Power Production

None
Yes

Sewer

Public Sewer
Yes

Utilities

Electricity Connected
Yes

Water Source

Public
Yes

Special Listing Conditions

Standard
Yes

Documents

Listing Office: Merit Commercial RE, LLC
Last Updated: December - 07 - 2024
Information deemed reliable but not guaranteed.
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