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481 Applegate Way 3,472 SF Vacant Retail Building Ashland, OR 97520 $800,000 ($230.41/SF)

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INVESTMENT HIGHLIGHTS

  • 2 separately metered units
  • Roll-up doors/ concrete floors
  • Fenced and landscaped
  • Front showroom/office
  • Seller Financing Available
  • Paved parking and ADA Accessible

EXECUTIVE SUMMARY

Exceptional commercial flex property in Ashland, Oregon, located just off Highway 66, minutes from the airport and I-5 access. Built in 2008, this well-constructed E-1 zoned commercial building offers versatility for a wide range of business types. The 3,472 SF structure includes two separately metered units with high ceilings, roll-up doors, concrete floors, and a front showroom/office with double-glass entry—ideal for a business needing customer-facing showroom space with warehouse or inventory storage in back.
Currently vacant, previous rents were $1,500/month for a 1,500 SF unit and $5,000/month for a 2,000 SF unit including showroom, demonstrating solid income potential. The 0.31-acre lot features paved parking, secure fencing, ADA-compliant restroom, and drip-irrigated landscaping with mountain views.
An attractive owner-user or investment opportunity in a sought-after Ashland location, with seller financing available—owner will consider favorable terms based on a $500,000 down payment. Buyer to conduct due diligence regarding intended uses. Please call Chris Pfau (458-220-8881) for additional details or to arrange a showing.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,472 SF
Year Built
2008
Price
$800,000
Price Per SF
$230.41
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.23
Lot Size
0.35 AC
Zoning
E-1 - Zoned Commercial E-1 (Mixed Use Employment) allowing a range of office, retail, showroom, studio, and light warehouse or service uses.
Parking
8 Spaces (2.3 Spaces per 1,000 SF Leased)

AMENITIES

  • Corner Lot
  • Fenced Lot
  • Signage
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning
  • Fiber Optic Internet
  • Smoke Detector

NEARBY MAJOR RETAILERS

Ymca
Starbucks
Albertsons
Mod Pizza
Curves
Snap Fitness 24/7

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10886318
Land Assessment
$129,200
Improvements Assessment
$176,250
Total Assessment
$305,450
  • Listing ID: 35917924

  • Date on Market: 5/19/2025

  • Last Updated:

  • Address: 481 Applegate Way, Ashland, OR 97520

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