315 Glenn Street

    Vale, OR 97918
    • $1,600,000
    • STATUS: Active
    • ON SITE: 63 days
    • ID#: 2994110
    UPDATED: 10 min ago
    $1,600,000
    • 0
      BEDS
    • 3.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 29,834
      SQFT
    • $54
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Merit Commercial Re, Llc


    Description

    Lincoln Storage is a best-in-market storage facility consisting of over 29,000 rentable square feet and sited on two locations in the Vale area in Oregon. It is the number #1 in Google search results and has the only online reviews in the market. One location is in the heart of Vale, and the other is just a mile out of town with highway frontage. Literally the only storage facility in town with over 99% occupancy currently and historically. Approximately 1 acre of bare ground for expansion. The last rental rate increase was in 2016. High occupancy, below market rents, and space to expand all create an investment that is well positioned for substantial increases in revenue, cash flow, and investment value over time.

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    © 2018 Southern Oregon Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rocket Home Finder powered by eXp Realty. Data last updated: 2018-11-15T12:07:40.653.
    www.rockethomefinder.com/homes/87440204

    315 Glenn Street Vale, OR 97918

    • Price: $1,600,000
    • Status: Active
    • Updated: 10 min ago
    • ID#: 2994110
    0
    Beds
    0
    Baths
    0
    ½ Baths
    3.17
    Acres
    29,834
    SQFT
    $54
    $/SQFT
    Neighborhood:
    Out Of Area
    County:
    Malheur
    Area:
    Out Of Area
    Property Description
    Lincoln Storage is a best-in-market storage facility consisting of over 29,000 rentable square feet and sited on two locations in the Vale area in Oregon. It is the number #1 in Google search results and has the only online reviews in the market. One location is in the heart of Vale, and the other is just a mile out of town with highway frontage. Literally the only storage facility in town with over 99% occupancy currently and historically. Approximately 1 acre of bare ground for expansion. The last rental rate increase was in 2016. High occupancy, below market rents, and space to expand all create an investment that is well positioned for substantial increases in revenue, cash flow, and investment value over time.
    Exterior Features

    Construction Frame Exterior Metal Fence Partial Parking Spaces 0 Roof Metal

    Property Features

    Additional Features Oh DoorsOffice SpaceSee Remarks Association Southern Oregon Multiple Listing Service Commercial Type Commercial Household Water Available WellPublic Lot Measurement Acres Lot Size Source (Assessor) Real Property Included Yes Self Storage Type 100-299 Units Sewer Septic InPublic (City) Square Footage Source Seller Type Of Property Self Storage Utilities Available Cable AvailableElectricity AvailableTelephone Year Remodeled 0 Zoning V-C

    © 2018 Southern Oregon Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rocket Home Finder powered by eXp Realty. Data last updated: 2018-11-15T12:07:40.653.
     
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    3539 Heathrow Way, Suite 200
    Medford OR, 97504
    Listing courtesy of Merit Commercial Re, Llc