545 A St Ashland, OR 97520
For Sale
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This exceptional mixed-use property, located in Ashland, Oregon's vibrant Railroad District, presents a compelling investment opportunity. The 4,950 square foot building, constructed in 1997, sits on a 0.13-acre lot and boasts five units: three commercial and two residential. The commercial spaces are currently 100% occupied by long-term tenants, generating a substantial pro-forma NOI of $56,044, with annual rent bumps. The two residential units, occupied since October and December 2023, offer comfortable living spaces. Recent upgrades include a new 20-year roof (2015), exterior paint and caulking (2022), and new HVAC systems in multiple units (2017 & 2020). The property features alley access with five private parking spaces and one shared ADA-compliant space, plus a charming courtyard. Each unit has separate gas and electric meters, with the owner responsible for landscaping, water, sewer, garbage, and recycling. The building is zoned E-1 and offers a compelling pro-forma cap rate of 3.74%. This meticulously maintained property is ideally situated near restaurants, shopping, Railroad Park, and Ashland's central bike path, ensuring strong tenant demand and long-term value. Detailed financial information, including pro-forma, rent rolls, and maintenance records, is available upon request. The asking price is $1,500,000, representing a price per square foot of $303.03 and a price per unit of $300,000. The lease terms for the commercial units range from 4.6 to 5.8 years, commencing October 1, 2023, and expiring June 30, 2029. This is a rare opportunity to acquire a well-maintained, high-performing mixed-use asset in a desirable location.
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Energetic Anatomy™ Gym & Fitness Center Alternative Medicine Practice
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Kenny Taylor, Real Estate Agent (Realtor) Real Estate Agency
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Sky Suzanne E Alternative Medicine Practice Acupuncture
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Kevin Carr L.P.C. Counselor
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Robynne Whitaker & Jeffrey Nagel, Realtors - Nagel Whitaker Real Estate Group Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
E-1 · Ashland, ORAshland. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
