4
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$12,000,000
Est. payment /mo
63,311 SqFt
Pending
2280 Ashland ST Ashland, OR 97520
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Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 63,311 sqft
Price per Sqft $189
MLS Listing ID 220171876
Year Built 1979
Annual Tax Amount $33,110
Lot Size 8.950 Acres
Acres 8.95
Lot Dimensions 8.95
Property Description
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
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
Location
State OR
County Jackson
Direction Corner of Tolman Creek Road and Ashland Street
Interior
Heating/Cooling Forced Air
Exterior
Parking Features Asphalt
Roof Type Membrane
Parking Asphalt
Building
Entry Level One
Foundation Slab
Water Public
Structure Type Block
New Construction No
Construction Block
Others
Senior Community No
Tax ID 10748479
Security Features Fire Sprinkler System
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Listed by VI Commercial Real Estate LLC