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Hwy 66, Ashland, OR 97520

$1,100,000

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Property Description

Great development opportunity at the first major I5 intersection as one arrives from California to Ashland, Oregon. This high-traffic corridor property is perfectly positioned for maximum exposure to tens of thousands of vehicles daily. Potential uses include hotel/lodging, retail, restaurant, or mixed-use development-subject to local zoning approvals. An annexation for the development of a hotel is supported by Economic Data provided in Ashland's Comprehensive Plan and within the economic data provided since last Ashland Comprehensive Plan update. Required for annexation is a zone change from RR-5 to C1. Data and information from City of Ashland should align & justify the development request and address the shortage of adequate retail/commercial in the City. Perfect site for hotel with restaurant and conference facilities or an array of other commercial facilities.

Hwy 66 | MLS# 428863147

This land located at Hwy 66, Ashland, OR 97520 is currently listed for sale with an asking price of $1,100,000. The property has approximately 2.45 Acres. Search Ashland real estate on www.bendpremierrealestate.com today.

Property Features

Property Type: Land - Commercial
Lot Size: 2.45 Acres
Taxes: $1,608

Feature Descriptions

Days on Site: 209
Lot: Cleared, Public Road
Present Use: RawLand
Road Surface: Paved
Special View Info: Mountain, Territorial
Utilities: None, SeeRemarks

Local Schools

High School: Ashland
Middle School: Ashland
Elementary School: Other

Listed By / Shown By

Listed By

Agency Name: Millen Property Group
Agency Phone: 541-301-3435

Shown By

Agency Title: Bend Premier Real Estate
Agency Phone: 541-323-2779

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Estimated Payment

$ 6,017.03 per month $5,562.20 Principal & Interest $134.00 Property Tax $320.83 Homeowner's Insurance

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