251 W Valley View Rd
Talent, OR 97540
Retail Property For Sale

The site is strategically located on Interstate 5, at the City of Talent Interchange (Exit 21). It is also just 2 blocks west of Hwy 99 (an alternative truck route running north/south through Oregon and California). Talent is located approx. 4 miles north of Ashland, Oregon, and 7 miles south of Medford (Oregon's fourth largest city). This location is just 30 miles north of the Oregon/California border. This is significant for the utilization of this site as a truck stop/travel center because it is the last diesel fueling opportunity for southbound truckers before entering California, and the first fuel-up opportunity for northbound bound truckers when they come into Oregon. The current truck stop operation, although netting cash flow of over $400,000 a year from operations, has been underutilized, offering great opportunity for growth and expansion of both business and facilities to a new owner/operator. The site, however, could be effectively re-purposed for other commercial uses, and considering its Commercial Highway zoning and rare Interstate 5 interchange location, the value of the site as investment/development property is sustained apart from its current use. Sale offer includes property and current business. For the developer/investor not interested in Travel Center development and operation, the site would be ideal for development of a retail strip-center, offices, medical, fast food/pad sites or full service restaurant, residential/commercial mixed use development, hotel development, among many other permitted commercial uses. Complete architectural plans are available (included in sale) for the development of a ground-up new 12,324 sq.ft. Truck Stop/Travel Center upon the site, which would include 5,597 sq.ft. devoted to a new full-service Restaurant with banquet facilities, a small lounge that could feature video machine lottery; Included in the plan is 6,374 sq.ft. devoted to a Convenience Store with an area provided for fast-food franchise vendor, and a 2,187 sq.ft. second floor Trucker's Lounge with television and gaming area, shower facilities, and a laundry; Also included in the development plan for the site is an entirely new and relocated Truck Fueling Area with 6 fueling isles and a new branded auto Service Station. To enable the development of the planned Travel Center, all existing improvements would be raised.