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$4,390,000 Just Listed
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Property Description
Exclusively offered for sale - the Lakewood Shopping Center, a well-established, value-add neighborhood retail center on 4.07 acres on hard, signalized highway intersection in White City, OR (the ''Property''). The Property features two buildings totaling ±30,110 SF, including a ±28,154 SF multi-tenant retail building anchored by Dollar Tree with a strong mix of regional and national tenants, plus one available suite for lease-up potential. A separate freestanding ±1,956 SF restaurant building is leased to Umi Sushi with an existing drive-thru lane. An additional ±0.80-acre retail pad offers future development or expansion opportunities. Positioned on a signalized corner at the intersection of the region's two highest-traffic highways, the property benefits from exceptional visibility, three full-access driveways, & convenient customer access, all located within an OZ. Buyer to perform all due diligence. Significantly more info available upon request - see attached & contact brokers.
Full Property Details
Full Property Details for 7338 Crater Lake
General
- Price: $4,390,000
- Taxes: $40,020 (2025)
- Status: Active
- Type: Commercial
- Source: ODS
- MLS ID: 220224874
- Updated: Today (7/8/2026)
- Added to Site: Today
Interior
- Flooring: Carpet, Concrete, Tile, Vinyl
Parking
- Total Spaces: 138
- Parking Features: Asphalt, Parking Lot
- Parking: Primary Suite
Location
- Area: 30110
- County: Jackson
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Heat Pump
- Heating Type: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Shared Well, Well
- Well: Yes
Structural Information
- Construction: Block, Frame
- Foundation: Slab
- Roof: Membrane
- Common Walls: 2+ Common Walls
- Square Feet: 30,110
- Sq. Ft. Source: Assessor
- Year Built: 1989
Lot Features
- Lot Size (Acres): 4.07
- Lot Size (Sq. Ft.): 177,289
- Frontage: Shared Access
- Street/Road Desc.: Paved
- Lot Features: Level
- Zoning: C-G
Financial Considerations
- Price Per Sq. Ft.: $145.8
- Tax Amount: $40,020.41
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Exclusions: Tenant personal property
- APN: 10262583
- Section: Not Applicable
- Lot Number: 300
Listed by Merit Commercial RE, LLC (541) 608-6704, Caspian C Hoehne
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Schools
Schools serving 7338 Crater Lake
School District:Eagle Point School District 9
| Name | Grades | Distance |
|---|---|---|
White City Elementary School 2830 Maple Court, White City, OR 97503 | K-5 | 0.8 mi |
White Mountain Middle School 550 Wilson Way, White City, OR 97503 | 6-8 | 1.6 mi |
Eagle Point High School 203 North Platt Avenue, Eagle Point, OR 97524 | 9-12 | 4.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7338 Crater Lake
Date
Details
Price
Change
Source
7/08/2026
Listed
$4,390,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7338 Crater Lake
7338 Crater Lake, White City, OR 97503 (MLS# 220224874) is a Commercial property. 7338 Crater Lake is currently listed for $4,390,000 and was received on July 08, 2026. Want to learn more about 7338 Crater Lake? Do you have questions about finding other Commercial real estate for sale in White City? You can browse all White City real estate or contact a Coldwell Banker agent to request more information.

