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Tolman Creek Rd, Ashland OR

2 Properties Offered at $7,590,000 in Ashland, OR

Investment Highlights

  • Two neighboring sites 1) 37,640 SF Mfg / Flex / Whs / Office for Sale or Lease 2) Prime development Site 3.64 Acres - 2 parcels
  • Development Site is on a corner lot with infrastructure and utilities on site (including sidewalks and curbs).
  • Possible car wash, QSR, hotel, retail/office with apartments above. Survey and previous master plan available upon request.
  • Offering of $7,590,000 includes both Commercial Building & Development Site for a total of three (3) tax lots.
  • These are two distinct offerings and not a bulk sale.
  • Triangle Transit Overlay allows for mixed use.

Executive Summary

Two neighboring sites available along Tolman Creek Rd in Ashland, OR, from a long-held portfolio dating back to the late 1960s. Great location, access and visibility. These are separate offerings but can be purchased for a campus setting.
Property is E-1 zoning; located within the Transit Triangle Overlay allowing for a mix of residential and commercial.
Property 1: $3,915,000 - recently reduced
640 Tolman Creek Rd - 37,640 Sq Ft Warehouse/Flex/Distribution Facility
Upgraded power supply, Viking sprinkler system, motion sensor LEDs, in-place security system
Pride of ownership is apparent with this property!
Lease option is 0.75 PSF, modified gross.
Property 2: $3,675,000
638 Tolman Crk Rd (2 parcels for 3.64 Acres) Infrastructure currently in place and ready for development, with utilities stubbed to property making it perfect for immediate development. There is a 3/2 1950's home and separate barn in relatively good condition which can be utilized, moved or razed for a new project. Possibilities include apartments with retail/office below, QSR pad, carwash, hotel, Buyer to perform due diligence on all uses.
Ashland Street provides easy access to I-5, downtown Ashland and the SOU. There is an easement allowing for direct access to Hwy 66/Ashland St. The property's proximity to Interstate 5 is a significant advantage for trucking and freight services, offering efficient routes for shipping and receiving goods throughout the West Coast and beyond. The site is served by Rogue Valley Transportation District (RVTD) buses, offering connectivity to other parts of Ashland and nearby cities.
Call Melissa for information

Data Room Click Here to Access

Property Facts

Price $7,590,000
Price / SF $201.65 / SF
Sale Conditions
Ground Lease (Leasehold)
  • Lease Option
  • Redevelopment Project
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 2
Total Building Size 37,640 SF
Total Land Area 5.10 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
640 Tolman Creek Rd, Ashland, OR 97520 Industrial 37,640 SF 1968 $3,915,000
2 Lots 10080882 & 10080874 Rd, Ashland, OR 97520 Land 3.64 AC - $3,675,000
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  • Listing ID: 33143287

  • Date on Market: 9/11/2024

  • Last Updated:

  • Address: Tolman Creek Rd, Ashland OR, Ashland, OR

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