7338 Crater Lake, White City, OR 97503
$4,390,000
Property Type:
Commercial Sale
Square Footage:
30,110
Lot Size (sq. ft.):
177,289
Status:
Pending
Current Price:
$4,390,000
List Date:
7/08/2026
Last Modified:
9/18/2026
Listing Details MLS# 220224874
General Property Information
- Building Area Total
- 30110
- Building Area Source
- Assessor
- Building Area Units
- Square Feet
- # of Units Total
- 6
- Year Built
- 1989
- New Construction YN
- No
- Zoning
- C-G
- Tax Annual Amount
- 40020.41
- Tax Year
- 2025
- CC&R's YN
- Yes
- Preferred Escrow Company & Officer
- Pond Team - Ticor Title
- FIRPTA YN
- No
- Sign On Property YN
- Yes
Property Features
Additional Features:
3 Phase Electric; Common Area; Manager's Quarters; Mezzanine; Office Space
Common Walls:
2+ Common Walls
Construction Materials:
Block; Frame
Cooling:
Central Air; Heat Pump
Flooring:
Carpet; Concrete; Tile; Vinyl
Foundation Details:
Slab
Heating:
Electric; Natural Gas
Levels:
One; Two
Roof:
Membrane
Utilities:
Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected
Lot Features:
Level
Parking Features:
Asphalt; Parking Lot
Road Frontage Type:
Shared Access
Road Surface Type:
Paved
Power Production:
None
Sewer:
Public Sewer
Water Source:
Shared Well; Well
Listing Terms:
Cash; Conventional
Special Listing Conditions:
Standard
Location Tax and Legal
- Street Number
- 7338
- Street Name
- Crater Lake
- County
- Jackson
- State
- OR
- Postal Code
- 97503
Contract Information
- Original List Price
- 4390000
- Listing Contract Date
- 2026-07-08
Remarks and Miscellaneous
- Public Remarks
- Exclusively offered for sale - the Lakewood Shopping Center, a well-established, value-add neighborhood retail center on 4.07 acres on hard, signalized highway intersection in White City, OR (the ''Property''). The Property features two buildings totaling ±30,110 SF, including a ±28,154 SF multi-tenant retail building anchored by Dollar Tree with a strong mix of regional and national tenants, plus one available suite for lease-up potential. A separate freestanding ±1,956 SF restaurant building is leased to Umi Sushi with an existing drive-thru lane. An additional ±0.80-acre retail pad offers future development or expansion opportunities. Positioned on a signalized corner at the intersection of the region's two highest-traffic highways, the property benefits from exceptional visibility, three full-access driveways, & convenient customer access, all located within an OZ. Buyer to perform all due diligence. Significantly more info available upon request - see attached & contact brokers.
Status Change Information
- Under Contract Date
- 2026-09-13
- Status Change Timestamp
- 2026-09-17
More Information
Currently Not Used
- List Price per SqFt
- 145.8
Business Details
- Business Included?
- No
Miscellaneous Information
- # Overhead/Dock Doors
- Yes
- Dock Type
- Pit
Parking Details
- Parking
- Yes
- # of Parking Spaces
- 138
Listing Office:
Merit Commercial RE, LLC
Last Updated: September - 18 - 2026
Information deemed reliable but not guaranteed.