2603 S Pacific Highway, Medford, OR 97501

$6,000,000
Property Type: Commercial Sale Square Footage: 71,325 Lot Size (sq. ft.): 269,636 Status: Closed
Current Price: $6,000,000 List Date: 4/03/2023 Last Modified: 11/07/2024

Overview

Description

71,325 SF Class ''A'' Manufacturing Facility In The Heart Of Medford. This facility sits on 6.19 Acres of GC zoned land and has easy access to I5 and South Pacific Hwy. The building is concrete tilt up construction, climate controlled, served by an enormous 480 3 phase electrical system, and has 8 dock high loading doors. Other amenities include epoxy floors, high ceilings, incredible insulation, office space, asphalt parking and staging/ storage areas, covered docks, 6''+ thick concrete floors, large heating and cooling systems, energy efficient motion controlled lighting, security systems, Hunter Communications Internet, etc. Notice: No warranty or representation, express or implied, is made as to the accuracy of the information contained herein; all information contained herein is subject to change, errors, and you're independent verification.

Listing Details MLS# 220161582

General Property Information

Building Area Total
71325
Building Area Source
Other
Building Area Units
Square Feet
# of Units Total
Yes
Year Built
1992
New Construction YN
No
Zoning
GC
Tax Annual Amount
28000
Tax Year
2022
CC&R's YN
No
FIRPTA YN
No
Sign On Property YN
Yes

Property Features

Additional Features: 3 Phase Electric; Office Space Basement: None Common Walls: No Common Walls Construction Materials: Concrete Cooling: Other Flooring: Other Foundation Details: Slab Heating: Other Levels: Two Roof: Metal Security Features: Other Flood: Unknown Utilities: Electricity Connected Lot Features: Fenced Parking Features: Asphalt; Gated; Gravel; Parking Lot Road Surface Type: Paved Sewer: Public Sewer Water Source: Public Listing Terms: Cash; Conventional Special Listing Conditions: Standard

Location Tax and Legal

Street Number
2603
Street Dir Prefix
S
Street Name
Pacific
Street Suffix
Highway
County
Jackson
State
OR
Postal Code
97501

Contract Information

Original List Price
6400000
Listing Contract Date
2023-04-01

Remarks and Miscellaneous

Public Remarks
71,325 SF Class ''A'' Manufacturing Facility In The Heart Of Medford. This facility sits on 6.19 Acres of GC zoned land and has easy access to I5 and South Pacific Hwy. The building is concrete tilt up construction, climate controlled, served by an enormous 480 3 phase electrical system, and has 8 dock high loading doors. Other amenities include epoxy floors, high ceilings, incredible insulation, office space, asphalt parking and staging/ storage areas, covered docks, 6''+ thick concrete floors, large heating and cooling systems, energy efficient motion controlled lighting, security systems, Hunter Communications Internet, etc. Notice: No warranty or representation, express or implied, is made as to the accuracy of the information contained herein; all information contained herein is subject to change, errors, and you're independent verification.
Directions
Please see the attached map
Leased Components
None

Status Change Information

Close Date
2024-01-03
Under Contract Date
2023-08-21
Status Change Timestamp
2024-01-05
Close Price
6000000
Sold Price per SqFt
84.12

More Information

Currently Not Used

List Price per SqFt
89.73

Business Details

Business Included?
No

Miscellaneous Information

Dock Type
Pit

Parking Details

Parking
Yes
# of Parking Spaces
150
# of Carports
Yes

Location, Tax, and Legal

Section
Not Applicable
Parcel Number
10593331
Tax Map Number
381W05B
Tax Lot
500
Lot Size Acres
6.19
Lot Size Square Feet
269636
Additional Parcels YN
Yes
Additional Parcels Description
Tax Lots 381W05 Lots 100 & 600

Additional Features

3 Phase Electric
Yes
Office Space
Yes

Basement

None
Yes

Common Walls

No Common Walls
Yes

Cooling

Other
Yes

Construction Materials

Concrete
Yes

Flooring

Other
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Foundation Details

Slab
Yes

Flood

Unknown
Yes

Heating

Other
Yes

Levels

Two
Yes

Lot Features

Fenced
Yes

Roof

Metal
Yes

Security Features

Other
Yes

Road Surface Type

Paved
Yes

Parking Features

Asphalt
Yes
Gated
Yes
Gravel
Yes
Parking Lot
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 - 07 - 2024
Information deemed reliable but not guaranteed.