About 650 Royal Avenue
1.85 acres with buildings of approximately 17,500 SQ. FT. and parking for 80 plus vehicles. The building prior to being converted to a school by First Baptist Church and the 549c School District was a professional office building. The School District reconfigured the property into general office space, classrooms, large meeting room and private offices (see attached floor plan). CAT 5 is available. The current Zoning is C - S/P surrounded by MFR - 30. Given the Zoning continued use as a school or reconfiguring to professional office/medical office are both possibilities. Providence Hospital is located within 2 blocks. The Seller may consider owner carry with a substantial down and a balloon payment in 3 to 5 years. The Seller will also consider a lot line adjustment (see attached site map) to add .48 (95' x 221.35') of an acre, to the existing 1.85-acre parcel. Price to be determined.
Features of 650 Royal Avenue
| MLS® # | 220175394 |
|---|---|
| Price | $2,395,000 |
| Acres | 1.85 |
| Year Built | 1964 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 650 Royal Avenue |
|---|---|
| City | Medford |
| County | Jackson |
| State | OR |
| Zip Code | 97504 |
Amenities
| Parking | Asphalt |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Natural Gas |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| Stories | One |
| Levels | One |
Exterior
| Roof | Membrane |
|---|---|
| Construction | Frame, ICFs (Insulated Concrete Forms) |
| Foundation | Concrete Perimeter |
Additional Information
| Date Listed | January 4th, 2024 |
|---|---|
| Days on Market | 361 |
| Zoning | C-S/P |
| Horse Property | No |
Listing Details
| Office | John L. Scott Medford |
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