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About This Home

This 0-bedroom, 0-bathroom commercial at 602 Crater Lake Avenue in Medford, OR is listed for $2,400,000 ($175 per sqft). Built in 1960, the home offers 13,683 sqft of living space on a 1.19 acres lot.

Agent Description

Shamrock Square is a well-maintained neighborhood retail center, consisting of 3 single level buildings totaling 13,700 SQ. FT. approximately on 1.19 acres (3 tax lots) with 12 tenants. The shopping center is located at the corner of Stevens Street and Crater Lake Avenue near The Medford Center and The Village at the Medford Center one of Medford's major shopping centers.

The current Gross Tenants' Leases' run through 2027 allowing a Buyer to renegotiate rents. The majority of the Tenants are long term and established in the Center. Gross Income for Year End 2025 was $193,700.00 with a Net Operating Income of $122,809.00. Please do not disturb Tenants, tour Tenant spaces to be arranged upon acceptable Offer.

Key Features

  • Built in 1960
  • 1.19 acre lot

Property Details

1 story
1960

Amenities

A/C

Monthly Cost Estimate

$12,836/mo

20% down · 6.5% · 30 years

Principal$1,736
Interest$10,400
Insurance$700

Estimates only. Actual payments may vary.

Location

602 Crater Lake Avenue

Medford, OR 97504

Property Details

Flooring

TileCarpet

Construction

Block Concrete

Parking

Parking Lot

Heating

Natural Gas

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 602 Crater Lake Avenue is listed at $2,400,000 ($175/sqft). The estimated monthly payment is $10,400 based on 20% down at 6.5% interest.

Key features include: Built in 1960, 1.19 acre lot.

This property is listed by James E North and can be reached at 5417345280 or jimnorth@johnlscott.com.

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JN

James E North

Agent at John L. Scott Medford

(541) 734-5280

Listed by John L. Scott Medford

MLS# 220219825· Source: listhub· Updated 1 days ago

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602 Crater Lake Avenue, Medford, OR 97504

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