2280 Ashland Street, Ashland, OR 97520
$12,000,000
Property Type:
Commercial Sale
Square Footage:
63,311
Lot Size (sq. ft.):
389,862
Status:
Pending
Current Price:
$12,000,000
List Date:
9/28/2023
Last Modified:
11/08/2024
Overview
Description
Listing Details MLS# 220171876
General Property Information
- Building Area Total
- 63311
- Building Area Source
- Other
- Building Area Units
- Square Feet
- # of Units Total
- 6
- Year Built
- 1979
- New Construction YN
- No
- Zoning
- C-1
- Tax Annual Amount
- 33110.66
- Tax Year
- 2022
- CC&R's YN
- Yes
- FIRPTA YN
- No
- Sign On Property YN
- No
Property Features
Common Walls:
1 Common Wall
Construction Materials:
Block
Cooling:
Other
Flooring:
Concrete; Other
Foundation Details:
Slab
Heating:
Forced Air
Levels:
One
Roof:
Membrane
Security Features:
Fire Sprinkler System
Existing Lease Type:
NNN
Business Type (AKA Sub Type):
Shopping Center
Miscellaneous Information:
Land Lease
Parking Features:
Asphalt
Power Production:
None
Sewer:
Public Sewer
Water Source:
Public
Listing Terms:
Cash
Special Listing Conditions:
Standard
Location Tax and Legal
- Street Number
- 2280
- Street Name
- Ashland
- Street Suffix
- Street
- County
- Jackson
- State
- OR
- Postal Code
- 97520
Contract Information
- Original List Price
- 12000000
- Listing Contract Date
- 2023-09-28
Remarks and Miscellaneous
- Public Remarks
- RARE OPPORTUNITY TO OWN A STABILIZED RETAIL CENTER WITH UPSIDE IN ASHLAND, OREGON The Offering provides the investor with the opportunity to acquire the 100% leased Grizzly Peak Shopping Center: an 8.95 acre site with 63,311 sqft of leasable space as well as two (2) ground lease pads; upside in the form of excess land available for development, and the only available drive through permit in the community. The Grizzly Peak Shopping Center enjoys a hard corner location at the prime intersection within a dense and integral retail trade corridor; and has approximately 765 lineal feet of road frontage on the arterial. The arterial (Ashland Street / OR Hwy 66) provides proximity to the downtown core (@ 2 miles), Southern Oregon University (@ 1 mile) and the I-5 Interchange (@ ¼ mile) Inherent conditions within the community of Ashland have long prohibited any change in the Urban Growth Boundary. Physical terrain and historic development patterns have concentrated rooftops nearest
- Directions
- Corner of Tolman Creek Road and Ashland Street
Status Change Information
- Under Contract Date
- 2024-02-20
- Status Change Timestamp
- 2024-02-20
More Information
Currently Not Used
- List Price per SqFt
- 189.54
Business Details
- Business Included?
- No
Parking Details
- Parking
- Yes
- # of Parking Spaces
- 200
Location, Tax, and Legal
- Cross Street
- Tolman Creek Road
- Section
- Not Applicable
- Parcel Number
- 10748479
- Lot Size Acres
- 8.95
- Lot Size Square Feet
- 389862
- Additional Parcels YN
- Yes
- Additional Parcels Description
- 10080949 10080922 10703756 10702534
Business Type (AKA Sub Type)
- Shopping Center
- Yes
Common Walls
- 1 Common Wall
- Yes
Cooling
- Other
- Yes
Construction Materials
- Block
- Yes
Miscellaneous Information
- Land Lease
- Yes
Flooring
- Concrete
- Yes
- Other
- Yes
Listing Terms
- Cash
- Yes
Foundation Details
- Slab
- Yes
Heating
- Forced Air
- Yes
Levels
- One
- Yes
Roof
- Membrane
- Yes
Security Features
- Fire Sprinkler System
- Yes
Existing Lease Type
- NNN
- Yes
Parking Features
- Asphalt
- Yes
Power Production
- None
- Yes
Sewer
- Public Sewer
- Yes
Water Source
- Public
- Yes
Special Listing Conditions
- Standard
- Yes
Documents
Grizzly Peak Shopping Center Package ›
Listing Office:
VI Commercial Real Estate LLC
Last Updated: November - 08 - 2024
Information deemed reliable but not guaranteed.