MLS #: 2980289

Description of 3720 Crater Lake Avenue, Medford, OR 97504

Zone Change has turned this property into a valuable commodity. Flexible commercial zoning allowing high density multifamily units (minimum MFR 30) or many other commercial uses such as self storage or a hotel. Sewer, Water, power available. established neighborhood of existing high density homes. Terraced property has views, city utilities on site, deeded access from multiple streets, and an ideal location off of Crater Lake Ave. Recent code change allows building height of 55ft for multifamily allowed with current commercial zoning. Located within opportunity zone. Seller believes possible to rezone to multi-family or residential if lower density preferred to the current mfr-30 density allowed under the commercial zoning.

Property Features of 3720 Crater Lake Avenue, Medford, OR 97504

East Medford
Lot acreage is: 2.36
Lot zoned: C-H
Cable television available
Natural gas
Courtesy of: Merit Commercial RE, LLC

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