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OR FAX FORM ON PAGE 81 TO 503-242-1814
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PUBLISHED RESERVE:
$219,600
LAST ASKING:
$299,000
SIZE:
1.6± Acres with 1,771± Square Foot Residence
ZONING:
E-1 – Employment with Residential Overlay
PROPERTY INSPECTION:
Please call Auction Information Office to arrange for an inspection
FINANCING:
Subject to Seller’s approval of Purchaser’s credit: A 25% down payment with the balance
secured by a first deed of trust, amortized over 25 years at 6% interest, calling for monthly payments of principal
and interest; all due and payable at the end of 2 years.
DESCRIPTION:
This 1.6± acre development site is located at the northwest corner of Benson Way and
Crowson Road in the city of Ashland, off the southern portion of Siskiyou Boulevard (Highway 99), and has
potential as a mixed-use development. The site is improved with a 1,771± square foot unoccupied home, built in
1890. The property is situated in an area of both large lot single family residences to the south and east, and large
industrial buildings used for manufacturing purposes to the north, as well as being nearby the Crowson Mills
redevelopment site. I-5 Exit 11 at Siskiyou Boulevard is within a five minute drive of the property.
The previous owner had preliminary plans to develop the site with a mixed-use manufacturing/office/residential
complex, consisting of three residential units, 6,300± square feet of office space, and 18,800± square feet of
industrial space. Implementation of this plan required that the property be annexed into the city, which has been
successfully completed. With the annexation, the property falls under the E-1 (Employment) zoning ordinance,
with a residential overlay on the portion of the property fronting Crowson Road. The E-1 zoning provides for a
variety of uses that include office, retail and manufacturing, while the residential overlay allows, but does not
require, the inclusion of a residential component in the overlaid portion of the property. The annexation required
certain property and offsite improvements which are secured by a $120,805 deposit held by the City of Ashland.
Development Site with Residence near Highway 99 and I-5
Ashland, Oregon
Ashland
Medford
Highway 99
Ashland Street
Benson Way
Crowson Road
I-5
N
