auction-catalog-1502-new - page 13

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OR FAX FORM ON PAGE 119 TO 503-242-1814
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PUBLISHED RESERVE: $125,000
LAST ASKING: First Time Offered
SIZE: 5.17± Acres
ZONING: AF-10
PROPERTY INSPECTION: At Any time
FINANCING: None – All Cash
DESCRIPTION: This 22 unit mini storage is lo-
cated at the west end of Sheridan, Oregon, 15
minutes west of the county seat of McMinnville.
The storage units are located along NW Richard
Street in two buildings of 2,500± square feet each.
There is excess land over 4 acres that provide op-
portunity to develop additional storage units
along with a caretaker residence. A medium-se-
curity federal correctional institution opened in
1989 and is located nearby. The units are in good
condition and currently generate $335 a month
on rental of 5 units, with 17 units not currently
rented, providing significant opportunity to in-
crease monthly income with a new owner and
operator. Both Sheridan Self Storage and Acuff
Storage and Rental are located near the auction
property.
LOCATION: 204 NW Richard Street, Sheridan, Oregon.
22 Unit Mini Storage with Excess Land, near Medium Security Prison
Sheridan, Oregon
Please Note: Sketch plan is conceptual only. Neither the Seller nor
its agents have submitted plan or made any applications to a public
agency.
NW Richard Street
Accuff Storage
Sheridan Self Storage
West Main Street
Sheridan
Federal Correctional
Institution
Highway 18
Yamhill River
Willamina-Sheridan Highway
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