Iraida B. Hermann, MBA

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Listing provided courtesy of RE/MAX Platinum- MLS# 220214212MLS Provider

601 Crater Lake AvenueMedford, OR 97504

Commercial · 19,548 Sq. ft. | 2.09 Acres
$3,900,000 Active

601 Crater Lake Avenue Overview

Time on Site:
157 days
Visits:
12

Institutional-quality investment anchored by JP Morgan Chase Bank, N.A. on an absolute NNN lease, delivering durable, credit-backed income with minimal management. Recently renovated and positioned on a large site, this asset offers immediate stability with built-in upside through future activation of the lower level or owner-use. A true core-plus opportunity for investors seeking strong tenancy today and value creation tomorrow. Information is deemed reliable but not guaranteed; buyers and their advisors must independently verify all facts, financials, and suitability of the property.

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601 Crater Lake Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 19,548
  • Price/Sq.ft. $200
  • Lot 2.09 Acres

Details

General

Income/Expenses

  • Net Operating Income: 208568.0

Building Information

  • New Construction: false
  • Year Built: 1974

Location/Region

  • County Or Parish: Jackson

Tax Information

  • Tax Annual Amount: 60112.7
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 10329951
  • Property Type: Commercial Sale
  • Special Listing Conditions: Standard

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 19548.0

General Information

  • Common Walls: 1 Common Wall
  • Flooring: Other
  • Foundation Details: Other
  • Levels: Two

Exterior

Parking Information

  • Parking Features: Asphalt,Parking Lot

Lot Information

  • Additional Parcels: false
  • Lot Features: Corner Lot,Landscaped,Smart Irrigation
  • Lot Size Acres: 2.09
  • Lot Size Area: 2.09
  • Lot Size Square Feet: 91040.4
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Concrete
  • Roof: Composition

General Information

  • Number Of Units Total: 2
  • Road Frontage Type: Private Access
  • Sewer: Public Sewer

601 Crater Lake Avenue Neighborhood

Community

97504 (Medford) Demographics

42
Median Age
1,028
Population Density (per sq. mile)
45%
College Educated
$62,219
Estimated Median Income
11,731
Estimated Total Home Owners
7,925
Estimated Total Renters
60% / 40%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

601 Crater Lake Avenue Monthly Cost

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$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

601 Crater Lake Avenue Market Data

Based on the last 30 days in this zip code

$627,112
Average List Price
$280
Average Price per Square Foot
68
Properties Sold
82
Average Days on Market
330
Properties for Sale
Calculations provided by Reliance Network

601 Crater Lake Avenue History

Date Event Value Agent
4/10/2026Source: Oregon Datashare Price Reduction
$3,900,000 -4.9%
1/23/2026Source: Oregon Datashare Added to Database
January 23, 2026