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Open-Plan Retail Suite

1400 Ashland St #3 & 3A, Ashland, OR 97520

For Sale
New
Contact for pricing

C-1 zoning and several interior entrances support flexible space planning.

Property Size4,123 SF
Days on Market3

Property Features for 1400 Ashland St #3 & 3A

General Information

Standard status Active
Size 4,123 SF
Property subtype Commercial
Zoning C-1

Additional Details

Property Use Medical Office

Building Details

Year Built 1998
Listing Agency: Livoregon Real Estate LLC
Listed By: Strategic Realty, LLC
Source: Movetobend
Added: Nov 8 Last Checked: Nov 10 at 8:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Livoregon Real Estate LLC

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This retail suite at 1400 Ashland St #3 & 3A in Ashland contains 4,123 square feet of open space, two rooms, and a half bath. Multiple interior entry points offer options for dividing the layout. The building dates to 1998.

A parking lot serves the property. The suite is zoned C-1.

Key Highlights

  • 4,123 square feet of open space
  • Two rooms and a half bath
  • Multiple interior entrances allow for different space configurations

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$57,041
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,140,820 $1.1M
Cap Rate 7%
$814,871 $814.9K
Cap Rate 9%
$633,789 $633.8K
Market Conditions
NOI Build-Up for 4,123 SF
Gross rent
$89.1K $21.60/SF
− Vacancy
−$7.6K −$1.84/SF
EGI
$81.5K $19.76/SF
− OpEx
−$24.4K −$5.93/SF
NOI
$57.0K $13.83/SF
Area
Jackson County, OR
Vacancy
8.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,140,820
Cap Rate 7%
$814,871
Cap Rate 9%
$633,789

Alternative Uses

Best Use
Retail
$814.9K
$713.0K – $950.7K (±1% cap)
NOI $57,041 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$995.2K
$870.8K – $1.16M (±1% cap)
NOI $69,662 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 97520, OR

25,970
Population
13,964
Households
1.9
Avg Household Size
47
Median Age
61%
College-Educated
96%
High-School Grad
328.8 sq mi
ZIP Area
79
Density / Sq Mi
$71,485
Median Household Income
$31,869
Median Earnings
$1,360
Median Rent
$568,700
Median Home Value

Market

Average Price Trend$/SF for Retail space in Jackson County, OR

$200 Jul
$229 Aug
$214 Sep
$249 Oct

Properties on Market for Retail space in Jackson County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - C-1 zoning and several interior entrances support flexible space planning.
Where is this retail space located?
The property is located at 1400 Ashland St #3 & 3A Ashland, OR.
What are key features of this property?
This property features: 4,123 square feet of open space; Two rooms and a half bath; Multiple interior entrances allow for different space configurations
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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