601 Crater Lake Avenue, Medford, OR 97504
$3,900,000
Property Type:
Commercial Sale
Square Footage:
19,548
Lot Size (sq. ft.):
91,040
Status:
Active
Current Price:
$3,900,000
List Date:
1/24/2026
Last Modified:
9/02/2026
Overview
Description
Listing Details MLS# 220214212
General Property Information
- Building Area Total
- 19548
- Building Area Source
- Assessor
- Building Area Units
- Square Feet
- # of Units Total
- 2
- Year Built
- 1974
- New Construction YN
- No
- Zoning
- C-C
- Tax Annual Amount
- 60112.7
- Tax Year
- 2025
- CC&R's YN
- No
- Preferred Escrow Company & Officer
- FATCO Jeanene Christiansen
- FIRPTA YN
- No
- Sign On Property YN
- Yes
Property Features
Common Walls:
1 Common Wall
Construction Materials:
Concrete
Cooling:
Other
Flooring:
Other
Foundation Details:
Other
Heating:
Other
Levels:
Two
Roof:
Composition
Existing Lease Type:
Absolute Net
Business Type (AKA Sub Type):
Professional/Office
Utilities:
Electricity Connected
Lot Features:
Corner Lot; Landscaped; Smart Irrigation
Parking Features:
Asphalt; Parking Lot
Road Frontage Type:
Private Access
Structure Type:
Office; Retail
Power Production:
None
Sewer:
Public Sewer
Water Source:
Public
Documents on File:
APOD; Maintenance Records; Profit and Loss Statement; Rental Agreement; Schedule of Tenants
Listing Terms:
Cash; Conventional
Special Listing Conditions:
Standard
Location Tax and Legal
- Street Number
- 601
- Street Name
- Crater Lake
- Street Suffix
- Avenue
- County
- Jackson
- State
- OR
- Postal Code
- 97504
Contract Information
- Original List Price
- 4100000
- Listing Contract Date
- 2026-01-23
- Dual Listing YN
- Yes
Remarks and Miscellaneous
- Public Remarks
- Institutional-quality investment anchored by JP Morgan Chase Bank, N.A. on an absolute NNN lease, delivering durable, credit-backed income with minimal management. Recently renovated and positioned on a large site, this asset offers immediate stability with built-in upside through future activation of the lower level or owner-use. A true core-plus opportunity for investors seeking strong tenancy today and value creation tomorrow. Information is deemed reliable but not guaranteed; buyers and their advisors must independently verify all facts, financials, and suitability of the property.
Status Change Information
- Status Change Timestamp
- 2026-01-23
More Information
Currently Not Used
- List Price per SqFt
- 199.51
Unit 1
- Unit #
- Yes
- Tenant Name
- JP Morgan Chase Bank, NA
Unit 2
- Unit #
- 2
Business Details
- Business Included?
- No
Income and Expenses (Annual Amounts)
- Cap Rate %
- 5.01
- Net Operating Income
- 208568
Miscellaneous Information
- Confidentiality/Non-Disclosure Agreement
- Yes
Parking Details
- Parking
- Yes
- # of Parking Spaces
- 43
Documents
Offering Memorandum ›
Listing Office:
RE/MAX Platinum
Last Updated: September - 02 - 2026
Information deemed reliable but not guaranteed.