6022 Crater Lk Ave Medford, OR 97502-9414
- Warehouses
- 7,200 SF
- 0.38 lot acres
Jul 12, 2022
Current Use by Public Records
- Rogue Aquatics / (Bike/Boat/Book/etc) Store
Property Details for 6022 Crater Lk Ave
- Year built
- 2005
- Lot size
- 0.38 lot acres
- Property size
- 7,200 SF
- Zone code
- GC
- Property type
- Warehouses
- APN
- 1-0904476
- APU
- 10904476
Description
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.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $643,000
- AI Estimate
- $412,000
Market price range: $472k - $1.02MMarket price range: $190k - $699k -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $675,000 Current use
- INDUSTRIAL (GENERAL)
- $700,000 Change: +4% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Medford
- County
- Jackson
- State
- Oregon
- Longitude
- -122.855
- Latitude
- 42.4036
- CBSA code
- 32780
- CBSA name
- MEDFORD, OR METROPOLITAN STATISTICAL AREA