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Downtown Mixed-Use Development Land
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165 WATER ST, Ashland, OR 97520

Development site in Employment Zoning District with prior approvals for an eight-building mixed-use project.

Property SizeContact for details
Lot Size1.18 Acres
Days on Market88

Property Features for 165 WATER ST

General Information

Standard status Active
Lot size 1.18 Acres
Property subtype Multifamily, Office, Mixed Use
Zoning E-1/C-1

Building Details

Year Built 1950
Tenancy Single
Listing Agency: Millen Property Group
Listed By: Patie Millen · License #OR 940200113
Source: Crexi
Added: May 27 Changed: Aug 8 Last Checked: Aug 21 at 4:48AM

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

Investment Insights

Based on property information with market context.

This landmark downtown Ashland commercial development site is offered for sale with prior approvals in place for an eight-building mixed-use project. The entitlement package referenced in the remarks includes architectural, engineering, landscaping, utility, and entitlement plans, with ground-level commercial spaces and residences above. Approvals are noted as expiring in Summer 2026, and the seller indicates they may be eligible for renewal.

The property is described as being just one block from Ashland’s Plaza, placing it within the downtown corridor near restaurants, theaters, galleries, and Lithia Park. The site is located within the Employment Zoning District, supporting a range of development directions mentioned in the offering.

For buyers and developers, the combination of approved infrastructure work and a conceptual master plan can help streamline early project planning for a hotel, conference center, mixed-use development, retail, offices, luxury residential, or destination-style concepts, subject to final entitlement and permitting. Because the current approvals have a defined expiration timeline, prospective purchasers should factor renewal or reapproval into their development schedule.

Key Highlights

  • 1.18‑acre downtown Ashland commercial development site within the Employment Zoning District
  • Prior approvals include architectural, engineering, landscaping, utility, and entitlement plans for an 8‑building mixed‑use project
  • Project plans call for ground‑level commercial spaces with luxury residences above

Property Analytics

Current Use

Commercial land

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Development site in Employment Zoning District with prior approvals for an eight-building mixed-use project.
Where is this commercial land 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‑acre downtown Ashland commercial development site within the Employment Zoning District; Prior approvals include architectural, engineering, landscaping, utility, and entitlement plans for an 8‑building mixed‑use project; Project plans call for ground‑level commercial spaces with luxury residences above
(541) 301-3435 Call to check price and availability
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