709 N Phoenix Road, Medford, OR 97504

$3,075,000
Property Type: Commercial Sale Lot Size (sq. ft.): 221,285 Status: Closed
Current Price: $3,075,000 List Date: 7/14/2016 Last Modified: 11/01/2024

Overview

Description

Opportunity to purchase the well established Rogue Valley Swim & Tennis Club in the heart of Medford's East side residential growth area. Located along N. Phoenix Rd. with access from I-5 via Exit #27 or Exit #24. The purchase price includes all personal property and the potential to keep the current membership revenue stream, if the Buyer so desires. This is not a business sale. The facility includes 5 indoor tennis courts, work out area, private offices, viewing area, men's and women's locker rooms each containing spa and sauna rooms. Additionally, there are outdoor courts (3) plus an outdoor pool with an adjacent pool house. The main structure has fire sprinklers and there are 50 on-site parking spaces. The facility is operating under a Conditional Use Permit. Property being sold AS IS condition. Currently lighting is being retro fitted with LED lighting. Listing agent related to seller.

Listing Details MLS# 102967577

General Property Information

# of Units Total
Yes
Year Built
1992
Zoning
SFR-4
Tax Annual Amount
38859.06
Tax Year
2016
Sign On Property YN
No

Property Features

Cooling: Heat Pump Foundation Details: Slab Heating: Forced Air; Natural Gas Roof: Metal Business Type (AKA Sub Type): Mixed Flood: N/A Sewer: Public Sewer Water Source: Public Special Listing Conditions: Standard

Location Tax and Legal

Street Number
709
Street Dir Prefix
N
Street Name
Phoenix
Street Suffix
Road
County
Jackson
State
OR
Postal Code
97504

Contract Information

Original List Price
4250000
Listing Contract Date
2016-07-14

Remarks and Miscellaneous

Public Remarks
Opportunity to purchase the well established Rogue Valley Swim & Tennis Club in the heart of Medford's East side residential growth area. Located along N. Phoenix Rd. with access from I-5 via Exit #27 or Exit #24. The purchase price includes all personal property and the potential to keep the current membership revenue stream, if the Buyer so desires. This is not a business sale. The facility includes 5 indoor tennis courts, work out area, private offices, viewing area, men's and women's locker rooms each containing spa and sauna rooms. Additionally, there are outdoor courts (3) plus an outdoor pool with an adjacent pool house. The main structure has fire sprinklers and there are 50 on-site parking spaces. The facility is operating under a Conditional Use Permit. Property being sold AS IS condition. Currently lighting is being retro fitted with LED lighting. Listing agent related to seller.
Directions
From I-5, Exit 29, east on Barnett Road, turn North on N Phoenix Road, to 709 N Phoenix Road.

Status Change Information

Close Date
2017-12-29
Under Contract Date
2017-07-14
Status Change Timestamp
2018-01-02
Close Price
3075000

More Information

Miscellaneous Information

UGB
Inside
Ceiling Clear Height
25
Listing Office: John L. Scott Medford
Last Updated: November - 01 - 2024
Information deemed reliable but not guaranteed.