1875 N Highway 99 - Medical FOR SALE


Ashland, OR 97520
$775,000 USD
541-734-5500
1875 N Highway 99, Ashland, OR for Sale
$775,000 USD
Medical - FOR SALE
1/16
null | Request Cap Rate

1875 N Highway 99
Ashland, OR 97520


OVERVIEW

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 out on the chance to own this profitable and well-located commercial property.

FOR SALE DETAILS

PRICE

$775,000 USD

PRICE/SF

$256 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Office/Residential, Office Live/Work Unit, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

GC

APN/PARCEL ID

10607230

ASK ABOUT THIS PROPERTY

Mason McKinneyRemax PlatinumMore Info
541-734-5500

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Mason McKinneyRemax PlatinumMore Info
541-734-5500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.