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    165 Water St Ashland, OR 97520

    For Sale
    $4,000,000

    Commercial - Ashland, OR

    Lot size:
    1.18 Acres
    Days on Market:
    245
    Last Refresh:
    Dec 7 at 9:06 pm

    Property Features for 165 Water St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    E-1/C-1
    APN
    10049860
    Lot size
    1.18 Acres

    Building Details

    Architectural style
    Other

    Millen Property Group (541) 301-3435 [email protected]

    Listing agent Eric F Bonetti (541) 301-3435 License #990900080

    Listing date Apr 7, 2025

    MLS# 220193529 Listing URL

    Copyright © 2025 Southern Oregon MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ashland Mixed-Use Development Opportunity

    This is a unique opportunity to own "The Last of Its Kind" in Ashland's bustling Downtown Corridor. These three prime undeveloped parcels span approximately 1.18 acres, presenting an exceptional chance for progressive developers. The property is envisioned as a vibrant community with eight mixed-use buildings, perfectly aligned with Ashland's Comprehensive Plan and nestled within the Employment Zoning District. The plan includes eight mixed-use buildings featuring ground-floor commercial spaces with two luxurious residential units above. Comprehensive architectural, engineering, landscaping, and utility designs are complete, with permits and approvals secured for effortless development. Surface and garage parking ensures convenience, while the blend of traditional and contemporary design creates a striking neighborhood anchor. This rare turnkey opportunity invites developers to shape a vibrant, community-focused hub. The zoning is E-1/C-1.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ashland
    County
    Jackson
    State
    Oregon
    Longitude
    -122.714393
    Latitude
    42.200884

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    FAQs

    What type of property is this?
    Mixed-use property - 1.18 acres for mixed-use development in Ashland's Downtown Corridor.
    Where is this mixed-use property located?
    The property is located at 165 Water St Ashland, OR.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: - 1.18 acres of prime undeveloped land in Ashland's Downtown Corridor.; - Approved for 8 mixed-use buildings featuring ground-floor commercial spaces and 2 residential units above each.; - Comprehensive architectural, engineering, landscaping, and utility designs are complete with permits and approvals secured.
    (541) 301-3435
    Request Owner's contact information
    165 Water St Ashland, OR 97520
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    Ashland, OR 97520
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    165 Water St Ashland, OR 97520
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