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Listed by eXp Realty, LLC • 503-886-9156
$ 6,500,000
Est. payment | /mo
10,385 SqFt
$ 6,500,000
Est. payment | /mo
10,385 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 10,385 sqft
Price per Sqft $625
MLS Listing ID 175811395
Year Built 1964
Annual Tax Amount $25,070
Tax Year 2025
Lot Size 9.300 Acres
Property Sub-Type Commercial
Property Description
A rare opportunity to own an original, first-to-market RV and Boat storage business in Boring, Oregon, built and run by the same family since day one and now ready for its next chapter. Long before RV storage was a recognized category in this market, this family saw the opportunity and built a trusted, community-anchored business around it. Uniquely positioned in an area bordered by both Hwy 26 and Hwy 212, which anchor the property on either side, the site benefits from exceptional visibility to the daily flow of regional traffic on two well-traveled state highways Hwy 26 (25,100 vehicles per day) and Hwy 212 (10,800 vehicles per day). The 9.3 acres offers 415 rentable outdoor RV/Boat storage spaces, with an above-average industry occupancy rate of 80%, a rate that held strong even after the newest expansion area was added to inventory. The current ownership has invested in modernizing operations: specialized software for billing, space payments, and reporting; an upgraded double-gate security system; new signage; and enhanced site security, giving the next owner a turnkey, professionally run facility from day one. The real story here is what's still untapped. The property has county-approved plans in hand for covered RV and Boat storage, giving the next owner a valuable head start. Covered RV storage is in short supply in this area, offering exceptional income potential to add to NOI. Beyond that, two potential sales lots are ready to lease, additional office space stands ready for tenants, and a versatile warehouse offers nearly unlimited use potential, from storage to light industrial to owner-user flex space. A freeway billboard fronting Hwy 26 adds another income stream, whether leased directly to a tenant or through a national outdoor advertising company and benefits from the same exceptional highway visibility. This is a rare combination: a proven, family-built business with real history, paired with a clear and compelling runway for growth.
Location
State OR
County Clackamas
Area _144
Zoning RRFF5
Interior
Heating Forced Air
Equipment Fixtures, SecuritySystem, SmokeDetector
Exterior
Roof Type Metal
Garage No
Building
Story 1
Sewer Septic Tank
Water Public Water
Level or Stories 1
Others
Acceptable Financing Cash, Contract, Conventional, SellerEquityShare
Listing Terms Cash, Contract, Conventional, SellerEquityShare
Nearby Locations
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Nicole Richards
REALTOR®, Broker, Investor | Lic# OR 930200328 | AZ SA708210000
4800 Meadows Rd. Suite 300, Lake Oswego, OR 97035-5277