Two Properties FOR SALE, Ashland OR

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

INVESTMENT HIGHLIGHTS

  • Two neighboring sites #1) Building: 37,640 SF Mfg / Flex / Whs / Office for Sale or Lease #2) Land: 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).
  • Flexible E-1 zoning. 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 of retail and residential use.

EXECUTIVE SUMMARY

Two neighboring sites available along Tolman Creek Rd and Independent Way 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. SELLERS MOTIVATED.
Property is zoned E-1 (Employment) and is located within the City's Transit Triangle Overlay allowing for a mix of residential and commercial use.
Property #1: 37,640 SF Warehouse/Flex/Distribution Facility -- $3,915,000 - RECENTLY REDUCED!
640 Tolman Creek Rd
Upgraded power supply, Viking sprinkler system, motion sensor LEDs, in-place security system, loading dock.
Pride of ownership is apparent with this property!
Lease option is 0.75 PSF, modified gross.
Property #2: Bare Land - $3,675,000 Development Site
638 Tolman Crk Rd (2 parcels for a total of 3.64 Acres)
Infrastructure is currently in place and land is ready for development with utilities stubbed to the property off Independent Way making it perfect for immediate development. There is a 3bd /2 bath 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, charging station, lodging, light industrial.
Buyer to perform due diligence on all uses.
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. Ashland Street (the cross street off Tolman Creek Rd) provides easy access to I-5, downtown Ashland and the Southern Oregon University. There is an easement allowing for direct access to Hwy 66/Ashland St. The site is served by Rogue Valley Transportation District (RVTD) buses, offering connectivity to other parts of Ashland and nearby cities.
Call TRINA SANFORD at 541-621-4151 for additional information

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: 35029377

  • Date on Market: 3/5/2025

  • Last Updated:

  • Address: Two Properties FOR SALE, Ashland OR, Ashland, OR