2995 Hwy 66, Ashland, OR 97520
$2,500,000
Property Type:
Commercial Sale
Square Footage:
20,860
Lot Size (sq. ft.):
102,802
Status:
Closed
Current Price:
$2,500,000
List Date:
10/05/2024
Last Modified:
3/27/2025
Overview
Description
Listing Details MLS# 220190953
General Property Information
- Building Area Total
- 20860
- Building Area Source
- Assessor
- Building Area Units
- Square Feet
- # of Units Total
- 182
- Year Built
- 1978
- New Construction YN
- No
- Zoning
- C-G
- Tax Annual Amount
- 13698.76
- Tax Year
- 2023
- CC&R's YN
- No
- Preferred Escrow Company & Officer
- Ticor Title - Mychal Pond
- FIRPTA YN
- No
- Sign On Property YN
- No
Property Features
Common Walls:
2+ Common Walls
Construction Materials:
Frame; Steel Frame
Cooling:
Ductless
Flooring:
Concrete; Hardwood; Laminate; Vinyl; Other
Foundation Details:
Concrete Perimeter; Slab
Heating:
Ductless
Levels:
Two
Roof:
Composition
Business Type (AKA Sub Type):
Storage
Utilities:
Electricity Connected
Parking Features:
Asphalt; Gated; Parking Lot
Power Production:
Solar Owned
Sewer:
Public Sewer
Water Source:
Private; Well
Listing Terms:
Cash; Conventional
Special Listing Conditions:
Standard
Location Tax and Legal
- Street Number
- 2995
- Street Name
- Hwy 66
- County
- Jackson
- State
- OR
- Postal Code
- 97520
Contract Information
- Original List Price
- 2850000
- Listing Contract Date
- 2024-10-04
Remarks and Miscellaneous
- Public Remarks
- ''Corner Storage'', in beautiful Ashland, Oregon! A rare offering on the open market, Corner Storage is the only facility of its kind publicly available in the region. A local icon, the facility is on a prominent corner on Hwy 66, enjoying strong traffic, signage, and easy L/R access. Unit mix is diverse and appealing, with 129 storage units (size varies - see OM), 9 office suites, 7 warehouse studios, and 37 leased parking spots. There is excess land in the NE corner that could be developed for additional revenue. The rent roll is strong and shows real upside of $5,000+/mo. Significant improvements include new siding, full paving in '17, solar panels, newer roofs, public sewer, and well pump. The mgr's quarters have been remodeled into a modern masterpiece. The opportunity is clear at Corner Storage. Please do not disturb employees or customers. See attached docs!
Status Change Information
- Close Date
- 2025-03-27
- Under Contract Date
- 2025-02-12
- Status Change Timestamp
- 2025-03-27
- Close Price
- 2500000
- Sold Price per SqFt
- 119.85
More Information
Currently Not Used
- List Price per SqFt
- 131.83
Business Details
- Business Included?
- Yes
- Business is a Franchise
- No
- Inventory List Attached
- No
- Number of Part Time Employees
- 2
- Seller to Provide Training
- No
- Year Business Established
- 2006
- Years Business Owned by Current Owner
- 2006
Parking Details
- Parking
- Yes
- # of Parking Spaces
- 50
Listing Office:
Merit Commercial RE, LLC
Last Updated: March - 27 - 2025
Information deemed reliable but not guaranteed.