Listing provided courtesy of Merit Commercial Real Estate, LLC. - MLS# 23116640MLS Provider

1401 PANSY LNGrants Pass, OR 97527

Commercial · 36,867 Sq. ft. | 3.56 Acres

$14,900,000 Active

Overview

Time on Site:
189 days
Visits:
14

A generational opportunity - welcome to The Flying Lark. An homage to the famous Grants Pass racehorse from the 1980s, The Flying Lark was a visionary project to become a regional landmark. Now, the property stands as a blank slate for an ambitious developer to create the West Coast's next entertainment destination. An exceptionally rare open market offering, the facility spans nearly 37,000 SF. From the architecturally stunning exterior, guests are led to the 10k+ SF main floor, anchored by the ornate central bar, and flows through to a full-service restaurant, sports bar, live music stage, and much more. An industrial-quality catering kitchen, below-grade loading dock, storage rooms, office suites and conf. rooms are tucked out of the public eye. In addition, the property's systems were designed to supply sufficient power, network capacity, and security for a full-service casino - to that end, the Flying Lark's utility capacity was designed to handle significantly increased demand; 8 water service and sewer lines are installed and in-use. Best viewed in person, it's evident each detail was meticulously thought out, with material choice at the forefront. The truly one-of-a-kind property is ready for a visionary developer to leave their mark on the future of Southern Oregon! Much more information is available - contact listing team today!

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Facts & Features

  • Type Commercial
  • Sq. ft. 36,867
  • Price/Sq.ft. $404
  • Lot 3.56 Acres

General

Income/Expenses
  • Gross Income: 0
  • Operating Expense: 0
Building Information
  • Year Built: 2022
Location/Region
  • Country: US
  • County Or Parish: Josephine
  • MLS Area Major: 66 - Clark Co: Yacolt3
Tax Information
  • Tax Annual Amount: 228585.34
  • Tax Year: 2022
General Information
  • Buyers Agent Compensation: 1
  • Inclusions: Building,Land
  • Parcel Number: R319740
  • Property Sub Type: Commercial
  • Property Type: Commercial Sale
  • Zoning: GC

Interior

Building Interior
  • Building Area Total: 36867.0
General Information
  • Cooling: Central Air
  • Heating: Forced Air
  • Other Equipment: Fixtures,Security System,Sprinkler
  • Stories: 2

Exterior

Parking Information
  • Parking Features: On Site
  • Parking Total: 153.0
Lot Information
  • Lot Size Acres: 3.56
  • Lot Size Square Feet: 155073.0
  • Number Of Buildings: 1
  • Road Surface Type: Paved
  • Water Source: Public Water
Building Exterior/Construction
  • Construction Materials: Frame,Metal Frame,Stucco
  • Roof: Flat,Metal
General Information
  • Sewer: Public Sewer

Neighborhood

Community

97527 (Grants Pass) Demographics
47
Median Age
156
Population Density (per sq. mile)
28%
College Educated
$49,744
Estimated Median Income
10,593
Estimated Total Home Owners
4,682
Estimated Total Renters
69% / 31%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

Elementary Schools
4
Public
Allen Dale Elementary School
  • Grades: KG - 5
  • Enrollment: 433
4
Public
Fruitdale Elementary School
  • Grades: KG - 5
  • Enrollment: 379
2
Public
Madrona Elementary School
  • Grades: KG - 5
  • Enrollment: 328
4
Public
Redwood Elementary School
  • Grades: KG - 5
  • Enrollment: 466
2
Public
Woodland Charter School
  • Grades: 1 - 8
  • Enrollment: 166
Middle Schools
2
Public
Lincoln Savage Middle School
  • Grades: 6 - 8 /
  • Enrollment: 390
2
Public
South Middle School
  • Grades: 6 - 8 /
  • Enrollment: 721
2
Public
Woodland Charter School
  • Grades: 1 - 8 /
  • Enrollment: 166
High Schools
2
Public
Hidden Valley High School
  • Grades: 9 - 12 /
  • Enrollment: 605
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.

Monthly Cost

$
$ %
%
$
$
* 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.

Market Data

Based on the last 30 days in this zip code

$553,011
Median Sales Price
$287
Median Price per Square Foot
112
Properties Sold
72
New on Market
71
Average Days on Market
168
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
10/6/2023Source: Oregon Datashare Added to Database
October 06, 2023
10/6/2023Source: Regional MLS Added to Database
October 06, 2023