100 Pardee Ln 7,970 SF Specialty Building Offered at $579,900 in Grants Pass, OR 97527

Merit Commercial Real Estate is pleased to exclusively present 100 Pardee Lane, located in beautiful Grants Pass, Oregon (the "Subject").
The Subject is one of only a handful of established self-storage facilities in Southern Oregon available for purchase. An ideal 'starter' facility, the Subject include a very approachable 45 units (including 2 modular containers), with room to possibly add additional units. Sited off of the high-traffic Redwood Avenue (± 11,897 VPD), the Subject enjoys easy access and great visibility. Tenants may turn right or left onto Redwood Avenue with a center turning lane. Visibility is exceptional, with a permanent two-sided sign facing the street. The Subject has a long history of consistent income, and is positioned well as a value-add opportunity. For a focused operator, revenue could be substantially increased and the appeal of the property could be improved with a few key upgrades. While already fully fenced, repairs and aesthetic improvements are easy items to prioritize. Improved lighting, landscaping, signage, and general cleaning are also 'low-hanging fruit' for a buyer to implement. There is additional space that could be maximized with the construction or installation of modular storage units (buyer to verify). The Subject is well within the path of progress and will likely continue to see substantial residential development in the surrounding area of SW Grants Pass.
Ideal for a new storage operator, or an easy addition to an existing portfolio, 100 Pardee Lane presents a rare opportunity for a close-in, established, simple storage facility in Grants Pass. Contact the listing brokers today for additional information! Buyer is responsible for any and all due diligence, including environmental, licensing, use, legality, and all other items.