Property summary
This exceptional opportunity presents the chance to acquire both a thriving, established business and a unique, purpose-built commercial property in Central Point, Oregon. Located at 6022 Crater Lake Ave, this 9,600 square foot facility, built in 2005, sits on a 0.38-acre lot and boasts a remarkable 90,000-gallon, heated, indoor saline pool. The two-story building features a ground floor encompassing a retail store with ample shelving and display space, efficient locker rooms, showers, waiting areas, gear storage, and a hydrostatic testing and refilling station with direct access to tank storage. The upper level includes a large event space, classroom, storage room, and a private owner's suite with a full kitchen and laundry facilities. The property is zoned GC and offers diverse revenue streams including swim lessons (infant to adult), retail sales and repairs, parties and events, hydrostatic testing, tank refilling, and guided scuba trips (domestic and international). The pool's design, ranging from 4-6 feet shallow to a dramatic 12-foot drop-off, caters to a wide range of aquatic activities, from swimming lessons to scuba training. This turnkey operation is priced at $1,350,000 ($140.62/sq ft) and represents a rare opportunity to own a profitable business and a one-of-a-kind property in a growing market serving a population exceeding 250,000. The clear-span steel frame building is well-maintained and includes a new, noise-reducing air compressor housed separately. This is an exceptional investment opportunity in a desirable location.
Property profile
VerifiedCap rate & NOI
Current use
-
(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
GC · Medford, ORZoning
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Zoning designation
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The district profile from the municipal source: what is on file for GC in Medford, OR.
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