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Mixed-Use Development Site
For Sale
$4,000,000

165 Water Street, Ashland, OR 97520

Plans cover an eight-building concept with commercial space below and residences above.

Property SizeContact for details
Days on Market162

Property Features for 165 Water Street

General Information

Standard status Active
Property subtype Commercial Lots & Land

Taxes and HOA fees

Annual Taxes $7,760
Listing Agency: Millen Property Group
Listed By: Patricia Millen · License #940200113
Source: Desertskyrealestate
Added: May 27 Changed: Oct 30 Last Checked: Nov 4 at 6:57AM

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 Millen Property Group

Rey
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Investment Insights

Based on property information with market context.

This 1.18-acre commercial land parcel is in the Employment Zoning District. Existing approvals and plans address an eight-building mixed-use project, with ground-level commercial space and residences on upper floors. The planning work includes architectural, engineering, landscaping, utility, and entitlement components. Current approvals expire in Summer 2026 and may be eligible for renewal.

The site is one block from Ashland’s Plaza, with restaurants, theaters, galleries, and Lithia Park nearby.

Key Highlights

  • 1.18‑acre commercial land parcel in the Employment Zoning District
  • Plans and approvals cover an eight‑building mixed‑use project
  • Concept includes ground‑level commercial space and upper‑floor residences

Property Analytics

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Suggested Use

Top Pick Dental Office Auto Parts Store Auto Repair Shop Building Supply HVAC Service Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,772
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Plans cover an eight-building concept with commercial space below and residences above.
Where is this commercial land located?
The property is located at 165 Water Street 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‑acre commercial land parcel in the Employment Zoning District; Plans and approvals cover an eight‑building mixed‑use project; Concept includes ground‑level commercial space and upper‑floor residences
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Includes: Price & PSF · Cap rate · Location · Zoning

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