2878 Nansen Drive, Medford, OR 97504

$11,500,000
Property Type: Commercial Sale Square Footage: 48,500 Lot Size (sq. ft.): 110,207 Status: Closed
Current Price: $11,500,000 List Date: 3/29/2022 Last Modified: 11/05/2024

Overview

Description

Premier storage facility in southern Oregon. Capable of operating fully automated. Superior technology and security. 100% occupied.

Listing Details MLS# 220142122

General Property Information

Building Area Total
48500
Building Area Source
Other
Building Area Units
Square Feet
# of Units Total
282
Year Built
2020
New Construction YN
No
Zoning
IL
Tax Annual Amount
25072
Tax Year
21
CC&R's YN
No
FIRPTA YN
No
Sign On Property YN
No

Property Features

Common Walls: No Common Walls Construction Materials: Block Cooling: Heat Pump Flooring: Concrete Foundation Details: Slab Heating: Heat Pump Levels: One Roof: Metal Security Features: Security System Owned Business Type (AKA Sub Type): Storage Utilities: Electricity Connected Parking Features: Asphalt; Assigned Sewer: Public Sewer Water Source: Public Listing Terms: Cash; Conventional Special Listing Conditions: Standard

Location Tax and Legal

Street Number
2878
Street Name
Nansen
Street Suffix
Drive
County
Jackson
State
OR
Postal Code
97504

Contract Information

Original List Price
11500000
Listing Contract Date
2022-03-28

Remarks and Miscellaneous

Public Remarks
Premier storage facility in southern Oregon. Capable of operating fully automated. Superior technology and security. 100% occupied.

Status Change Information

Close Date
2022-04-08
Under Contract Date
2022-03-30
Status Change Timestamp
2022-04-08
Close Price
11500000
Sold Price per SqFt
237.11

More Information

Currently Not Used

List Price per SqFt
237.11

Business Details

Business Included?
Yes
Business is a Franchise
No
Inventory List Attached
No
Number of Part Time Employees
Yes
Seller to Provide Training
Yes
Year Business Established
2020
Years Business Owned by Current Owner
2

Parking Details

Parking
Yes
# of Parking Spaces
10

Location, Tax, and Legal

Cross Street
biddle
Section
Not Applicable
Parcel Number
1-059399-8
Lot Size Acres
2.53
Lot Size Square Feet
110207
Additional Parcels YN
No

Business Type (AKA Sub Type)

Storage
Yes

Common Walls

No Common Walls
Yes

Cooling

Heat Pump
Yes

Construction Materials

Block
Yes

Flooring

Concrete
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Foundation Details

Slab
Yes

Heating

Heat Pump
Yes

Inclusions/Exclusions

Inclusions
all equipment used to run the operation

Levels

One
Yes

Roof

Metal
Yes

Security Features

Security System Owned
Yes

Parking Features

Asphalt
Yes
Assigned
Yes

Sewer

Public Sewer
Yes

Utilities

Electricity Connected
Yes

Water Source

Public
Yes

Special Listing Conditions

Standard
Yes
Listing Office: Merit Commercial RE, LLC
Last Updated: November - 05 - 2024
Information deemed reliable but not guaranteed.