$725,000
$775,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
1875 OR-99 Ashland, OR 97520
5,224 SqFt
Key Details
Sold Price $725,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,224 sqft
Price per Sqft $138
MLS Listing ID 220163127
Sold Date 02/26/25
Year Built 1987
Annual Tax Amount $14,850
Lot Size 0.670 Acres
Acres 0.67
Lot Dimensions 0.67
Property Description
This North Ashland commercial investment property boasts a prime location with excellent visibility, as it is situated along Highway 99, with 38,000 cars passing by daily on their way to the North I-5 entrance. The property is a one-story building with 13 tenants and a parking lot, currently at 98% occupancy. All tenants are on Modified Gross lease terms, with a mix of long and short-term leases. The property has been recently updated, including improvements to landscaping, plumbing, flooring, and HVAC, making it an attractive and low-maintenance investment opportunity. Don't miss the chance to own!
Location
State OR
County Jackson
Direction From I-5 North Ashland Exit, head west to Highway 99, turn left and property is on the right.
Interior
Heating Heat Pump
Cooling Central Air
Exterior
Parking Features Asphalt, RV Access/Parking, Shared Driveway, Parking Lot
Roof Type Asphalt
Building
Lot Description Drip System, Landscaped, Smart Irrigation, Sprinkler Timer(s), Sprinklers In Front, Sprinklers In Rear
Foundation Concrete Perimeter
Water Well
Level or Stories One
Structure Type Frame
New Construction No
Others
Senior Community No
Tax ID 10607230
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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