Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    84 N Main St Ashland, OR 97520

    Sponsored
    For Sale
    $300,000

    COMMERCIAL - Ashland, OR

    Days on Market:
    15
    Last Refresh:
    Feb 27 at 7:06 pm

    Property Features for 84 N Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    We can help!

    Listing Contact
    Dustin Way

    John L Scott (541) 779-3611

    Listing agent Dustin Way (541) 488-1311

    Listing date Feb 13, 2026

    MLS# 220212257

    Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Iconic Ashland Restaurant Opportunity

    This is an opportunity to acquire a well-known restaurant in Ashland, Oregon. Thai Pepper, established in 1988, is situated in downtown Ashland and offers seating for over 80 patrons, including outdoor tables located along the creek. The restaurant features an extensive menu of Thai and Pan Asian cuisine, along with a full menu of craft cocktails. This sale includes all assets, furniture, fixtures, and equipment, as well as 37 years of business history and goodwill. Training is included, and owner-carry terms are available. The property is located at 84 N Main Street, Ashland, OR 97520.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Thai Pepper Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Ashland
    County
    Jackson
    State
    Oregon
    Longitude
    -122.715701
    Latitude
    42.198341

    Nearby Similar for Sale

    • $300,000

      Iconic Ashland Restaurant Opportunity

      Established restaurant with loyal following and prime downtown location.
      84 N Main St, Ashland, OR 97520
      View Details
    • $1,200,000
      3,539 SF

      Turnkey Restaurant Business and Real Estate

      Established Mexican restaurant with real estate for sale in Ashland.
      1633 Highway 99 N, Ashland, OR 97520
      View Details
    • $1,200,000
      3,539 SF

      Established Restaurant on Highway 99

      Turnkey Mexican restaurant with real estate in thriving Ashland location.
      1633 Highway 99 N, Ashland, OR 97520
      View Details
    • $2,450,000
      Pending

      Ashland Industrial Facility For Sale

      USDA-certified industrial facility in Ashland Business Park, ideal for scaling.
      710 Jefferson Ave, Ashland, OR 97520
      View Details
    • $2,450,000
      Pending

      Ashland Industrial Facility For Sale

      USDA-certified industrial facility in Ashland Business Park, ideal for scaling.
      710 Jefferson Ave, Ashland, OR 97520
      View Details
    • $1,050,000
      1,483 SF

      Ashland Commercial Investment Opportunity

      Commercial investment property near SOU college with five updated units.
      993 Siskiyou Blvd, Ashland, OR 97520
      View Details
    • $1,200,000
      Pending

      Ashland Commercial Building on Acre

      10,000 SF commercial building on 1 acre in Ashland.
      385 Williamson Way, Ashland, OR 97520
      View Details
    • $289,000
      0.02 Acres

      Functional Office Suite in Ashland

      Office suite with four offices and open area in Ashland.
      180 Clear Creek Dr, Ashland, OR 97520
      View Details
    • $289,000
      871 SF

      Functional Office Suite in Ashland

      Office suite with four offices and open area.
      180 Clear Crk Dr Unit, Ashland, OR 97520
      View Details
    • $1,200,000
      Pending

      Ashland Office/Flex Building For Sale

      10,000 SF building on 1 acre, multiple uses allowed.
      385 Williamson Way, Ashland, OR 97520
      View Details
    • New
      $550,000
      Pending

      Ashland Duplex with Mountain Views

      Well-maintained duplex featuring mountain views and functional living spaces.
      1872 Hope St, Ashland, OR 97520
      View Details
    • $725,000
      Pending

      Ashland Fourplex Investment Opportunity

      Fully rented fourplex near downtown Ashland, great investment property.
      330 High St, Ashland, OR 97520
      View Details

    FAQs

    What type of property is this?
    Restaurant - Established restaurant with loyal customer base and outdoor seating.
    Where is this restaurant located?
    The property is located at 84 N Main St Ashland, OR.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: - Established restaurant with 37 years of business history and goodwill.; - Fully equipped with all assets, furniture, fixtures, and equipment included in the sale.; - Seating for 80+ with desirable outdoor creek-side tables.
    (541) 301-7929
    Request Owner's contact information
    84 N Main St Ashland, OR 97520
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    84 N Main St
    Ashland, OR 97520
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    84 N Main St Ashland, OR 97520
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Dustin Way
    Real Estate License ID: 201245212
    (541) 301-7929 (541) 488-1311
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!