Price cut $165K
$1,535,000
1/51.5 AC · Land
3811 Crater Lake Highway
Medford, OR 97504
#220211156 01 / 04
For sale
$1,500,000
26 S Central Avenue
Medford, OR 97501
- Baths
- 0
- Acres
- 0.32
- Built
- 1900
Est. $9,807/mo~219 min to downtown Bend (approx.)
Listing by HRM Property Solutions Inc. · 541-772-4388
MLS# 220220808 · Active
01
About this home
Commercial development opportunity in downtown Medford, OR. Located on the corner of 8th and Central, this commercial property is directly across the street from the iconic Craterian Theater. The building features 6 ground floor retail spaces, perfect for retail or food service. The second floor is stalled part way through renovation, and offers a blank slate for offices, multi-use residential, urban boutique hotel, or almost anything a developer can imagine. With a planned ''Creekside Quarter'' only two blocks away, walking distance from two theaters and multiple retail and eating establishments. This is a once in a generation opportunity to be a player in Medford's renaissance and revitalization.
02
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03
Price history
153 days, no changes| Date | Event | Price |
|---|---|---|
| May 6, 2026 | Listed for sale | $1,500,000 |
From the MLS: original list price and latest price change. 153 days on market.
04
Drive times
~219 min to downtown Bend- Mt. Bachelor~198 min · 167.5 mi
- Sunriver Village~199 min · 168.1 mi
- Old Mill District~218 min · 185.1 mi
- Downtown Bend~219 min · 186 mi
- St. Charles Bend~222 min · 188.7 mi
- Sisters~231 min · 196.5 mi
- Redmond Airport (RDM)~243 min · 206.6 mi
- Smith Rock State Park~253 min · 215.4 mi
Approx. Straight-line distance × 1.3 for roads, at in-town and highway speeds. No traffic, snow, or Hwy 97 construction. Ask Cody about real commute times.
05
Facts & features
Built 1900- Year built
- 1900
- Stories
- 2
- Lot
- 0.32 AC · 13,939 SF
- HOA
- None reported
- Taxes
- $19,921/yr
- County
- Jackson
- Days on market
- 153
- MLS #
- 220220808
- Flooring
- Concrete · Carpet · Laminate · Vinyl
- Heating
- Electric · Forced Air · Heat Pump · Natural Gas
- Cooling
- Central Air · Heat Pump
- Parking
- Alley Access · On Street
- Construction
- Block · Brick · Frame
- Roof
- Membrane
06
Location & schools
Medford42.3258° N · 122.8719° W
Directions07
Monthly payment
$9,807/mo$9,807/mo
$1,200,000 loan · 30 yr fixed · 6.5%
- Principal & interest
- $7,585
- Property tax (listing)
- $1,660
- Home insurance (est.)
- $562
20% · $300,000
6.500%
Loan term
Estimate only. Taxes use the listing's reported amount when there is one; insurance is approximated. A lender can give you an exact number.
More
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#220229218Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 1:01 PM.
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