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Highlights

  • Ideally situated just off I-5 Exit 14, this property offers excellent truck flow within a well-maintained and monitored industrial park
  • Efficient logistics: shared loading dock + two roll-up doors
  • Flexible layout: two units available or combined for a larger footprint
  • Specialized features: 16’ high-pile storage + two industrial cool rooms
  • Strong infrastructure: heavy power, fire suppression, A/C and LED lighting
  • Well-maintained and monitored industrial park with great truck flow

Features

Clear Height
18’
Drive In Bays
2
Exterior Dock Doors
2

All Available Spaces(2)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor - 688-690
  • 3,250-13,812 SF
  • 3-5 Years
  • $11.76 /SF/YR $0.98 /SF/MO $162,429 /YR $13,536 /MO
  • Industrial
  • Full Build-Out
  • July 01, 2026

Versatile Commercial Space with Cold Storage – Prime Ashland Location Position your business for efficiency and growth in this well-equipped commercial property just off I-5 at Exit 14 in Ashland, Oregon. Offering two adjoining units that can function independently or be combined into a single, larger footprint, this property provides flexibility to suit a range of operational needs. Designed with functionality in mind, the space features a shared loading dock, excellent truck flow, and two roll-up doors for streamlined logistics. The building is fully fire-sprinkled and supports high-pile storage up to 16 feet, making it ideal for warehousing and distribution. Two industrial-sized cool rooms provide valuable temperature-controlled storage—perfect for food, beverage, agricultural, or specialty inventory. Additional highlights include heavy power availability to support industrial operations, air conditioning for climate control, and a modified gross lease structure for simplified budgeting. Zoned E-1, the property accommodates a wide variety of uses, including light industrial, retail, and warehouse applications. Available on a 3- to 5-year lease at $0.98 per square foot, this is a rare opportunity to secure a highly functional space in a strategic Southern Oregon location. Contact for details or to schedule a tour.

  • Listed rate may not include certain utilities, building services and property expenses
  • Space is in Excellent Condition
  • Central Air Conditioning
  • Cold storage, AC, loading dock, great truck access
  • 2 Drive Ins
  • 1 Loading Dock
  • Secure Storage
  • 1st Floor - 694
  • 8,125 SF
  • Negotiable
  • $11.76 /SF/YR $0.98 /SF/MO $95,550 /YR $7,963 /MO
  • Industrial
  • Shell Space
  • Now
  • Listed rate may not include certain utilities, building services and property expenses
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor - 688-690 3,250-13,812 SF 3-5 Years $11.76 /SF/YR $0.98 /SF/MO $162,429 /YR $13,536 /MO Industrial Full Build-Out July 01, 2026
1st Floor - 694 8,125 SF Negotiable $11.76 /SF/YR $0.98 /SF/MO $95,550 /YR $7,963 /MO Industrial Shell Space Now

1st Floor - 688-690

Size
3,250-13,812 SF
Term
3-5 Years
Rental Rate
$11.76 /SF/YR $0.98 /SF/MO $162,429 /YR $13,536 /MO
Space Use
Industrial
Build-Out
Full Build-Out
Available
July 01, 2026

1st Floor - 694

Size
8,125 SF
Term
Negotiable
Rental Rate
$11.76 /SF/YR $0.98 /SF/MO $95,550 /YR $7,963 /MO
Space Use
Industrial
Build-Out
Shell Space
Available
Now

1st Floor - 688-690

Size 3,250-13,812 SF
Term 3-5 Years
Rental Rate $11.76 /SF/YR
Space Use Industrial
Build-Out Full Build-Out
Available July 01, 2026

Versatile Commercial Space with Cold Storage – Prime Ashland Location Position your business for efficiency and growth in this well-equipped commercial property just off I-5 at Exit 14 in Ashland, Oregon. Offering two adjoining units that can function independently or be combined into a single, larger footprint, this property provides flexibility to suit a range of operational needs. Designed with functionality in mind, the space features a shared loading dock, excellent truck flow, and two roll-up doors for streamlined logistics. The building is fully fire-sprinkled and supports high-pile storage up to 16 feet, making it ideal for warehousing and distribution. Two industrial-sized cool rooms provide valuable temperature-controlled storage—perfect for food, beverage, agricultural, or specialty inventory. Additional highlights include heavy power availability to support industrial operations, air conditioning for climate control, and a modified gross lease structure for simplified budgeting. Zoned E-1, the property accommodates a wide variety of uses, including light industrial, retail, and warehouse applications. Available on a 3- to 5-year lease at $0.98 per square foot, this is a rare opportunity to secure a highly functional space in a strategic Southern Oregon location. Contact for details or to schedule a tour.

  • Listed rate may not include certain utilities, building services and property expenses
  • 2 Drive Ins
  • Space is in Excellent Condition
  • 1 Loading Dock
  • Central Air Conditioning
  • Secure Storage
  • Cold storage, AC, loading dock, great truck access

1st Floor - 694

Size 8,125 SF
Term Negotiable
Rental Rate $11.76 /SF/YR
Space Use Industrial
Build-Out Shell Space
Available Now

  • Listed rate may not include certain utilities, building services and property expenses

Property Overview

Located in the IPCO Commercial Property complex at Tolman Creek Rd and Independent Way, this industrial space offers a prime Ashland location just minutes from I-5 Exit 14 with excellent access, visibility, and truck flow within a well monitored and maintained park. Two units are available and can be leased separately or combined for a larger footprint, providing flexibility for a range of industrial, warehouse, or light manufacturing users. The layout supports efficient operations with a shared loading dock and two grade-level roll-up doors for easy shipping, receiving, and daily use. The building is well-equipped with up to 16’ high-pile storage, maximizing warehouse capacity, along with two industrial-sized cool rooms ideal for temperature-controlled storage such as food, beverage, or agricultural products. It also features full fire suppression, heavy power for equipment-intensive uses, and air conditioning for improved functionality and comfort. The site is designed for smooth truck circulation, including larger vehicles, with ample space for loading, unloading, and staging—ideal for distribution-focused businesses. Offered on a modified gross lease with 3–5 year terms, this property delivers a clean, secure environment, flexible configurations, and the infrastructure needed to support efficient, scalable operations in a highly accessible Ashland location.

Refrigeration/Cold Storage Facility Facts

Building Size
21,937 SF
Lot Size
1.72 AC
Year Built
2002
Construction
Metal
Sprinkler System
Wet
Water
City
Sewer
City
Heating
Gas
Gas
Natural
Zoning
E-1 - Zoned E-1 (Employment/Industrial), ideal for warehouse, light manufacturing or flex space. Supports efficient logistics, storage, and operations.

Select Tenants

  • 1800Flowers
  • Darex / WorkSharp
  • Hains Celestial Group
  • Scharffen Berger Chocolate
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
20/100
  • Listing ID: 40269131

  • Date on Market: 5/5/2026

  • Last Updated:

  • Address: 688 Tolman Creek Rd, Ashland, OR 97520

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