Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Turnkey Gift & Retail Storefront Title is generated by Realmo AI

    199 E MAIN ST, Ashland, OR 97520

    View on Map
    Claim this Listing
    New
    For Sale
    Contact for pricing

    Specialty retail operation offered with inventory and fixtures, ready for a new owner to continue daily sales.

    Type:Retail, Business for Sale
    Property size:
    1 SF
    Price / SF:
    $150,000/SF
    Added:
    Jun 2, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 6 at 2:37 am

    Property Features for 199 E MAIN ST

    General Information

    Standard status
    Active
    Size
    1 SF
    Property subtype
    Retail, Business for Sale

    We can help!

    Listing Contact
    Patie Millen
    Patie Millen

    Listing agent Patie Millen License #OR 940200113

    Listing office Millen Property Group

    Listing date Jun 2, 2026

    Source Crexi

    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

    HighLights

    • Specialty retail operation includes inventory and fixtures, ready for a new owner to continue daily sales.
    • Profitable every year since 1992.
    • Includes inventory, fixtures, and all needed for a turnkey operation (cash excluded).
    • Ownership and management reflect the store’s established approach.
    • Staff may stay to assist new ownership with continued operation.

    Overview

    This offering presents a turnkey storefront retail business focused on gifts and specialty items. The included product mix includes jewelry, gemstones, crystals, books, icons, statuary, artwork, divination decks, decor, ceramics, stained glass, singing bowls, greeting cards, candles, and more. The sale includes inventory and fixtures, with the exception of cash, and the option for new ownership to keep current staff to help with continued operation.

    The property is located at 199 E Main St in Ashland, Oregon. The provided details describe the ownership and management as supporting a consistent, specialty-driven retail experience.

    For prospective buyers seeking an established, turnkey retail purchase, this can be an efficient path to operate immediately with the existing merchandising setup and included inventory. The listing also notes that the business has been profitable every year since 1992, and that staff may remain at the new owner’s request to assist with a smooth transition.
    Location Intelligence

    Current Use by Public Records

    Soundpeace (Bike/Boat/Book/etc) Store Zoey's Cafe & Artisan ... Grocery & Convenience Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Ashland
    County
    Jackson
    State
    Oregon
    Longitude
    -122.7124194
    Latitude
    42.1961163

    Nearby Similar for Sale

    • $550,000
      4,390 SF

      Ashland Commercial Building For Sale

      4,393 SF Ashland building suitable for multiple uses.
      400 Williamson Way, Ashland, OR 97520
      View Details
    • $1,000,000
      1,889 SF

      Downtown Ashland Commercial Opportunity

      Versatile commercial property in downtown Ashland with strong income potential.
      120 E Main Street, Ashland, OR 97520
      View Details
    • $149,000

      Turnkey Restaurant Opportunity in Ashland

      Fully operational restaurant with residential space and strong revenue.
      1667 Siskiyou Boulevard, Ashland, OR 97520
      View Details
    • $760,000
      3,850 SF

      Downtown Ashland Commercial Building For Sale

      Versatile commercial building in downtown Ashland near Oregon Shakespeare Festival.
      116 Lithia Way, Ashland, OR 97520
      View Details
    • $1,250,000
      4,950 SF

      Mixed-Use Building in Railroad District

      Mixed-use property with commercial and residential units in Ashland.
      545 A Street, Ashland, OR 97520
      View Details
    • $855,000
      1,440 SF

      Ashland Duplex: Investment Opportunity

      Well-maintained duplex in Ashland with redevelopment potential.
      128 S Mountain Avenue, Ashland, OR 97520
      View Details
    • $2,250,000
      12,852 SF

      Ashland Motel with Restaurant Space

      44-room motel with restaurant space and mountain views.
      50 Lowe Road, Ashland, OR 97520
      View Details
    • $1,150,000
      3,539 SF

      Established Restaurant on Highway 99

      Turnkey Mexican restaurant with real estate in thriving Ashland location.
      1633 N Hwy 99, Ashland, OR 97520
      View Details
    • $300,000

      Iconic Ashland Restaurant Opportunity

      Established restaurant with loyal customer base and outdoor seating.
      84 N Main Street, Ashland, OR 97520
      View Details
    • $950,000
      3,277 SF

      Historic Ashland Multifamily Residence

      Renovated historic residence with detached permitted ARU in downtown Ashland.
      19 Gresham Street, Ashland, OR 97520
      View Details
    • $2,250,000
      11,208 SF

      Ashland Multifamily Investment Opportunity

      Rare 10-unit property near downtown Ashland with financing options.
      230 Grant Street, Ashland, OR 97520
      View Details
    • $1,500,000

      349-Acre Ashland Waterfront Youth Camp

      Entitled youth camp on 349 acres with waterfront access.
      2829 Buckhorn Springs Road, Ashland, OR 97520
      View Details

    FAQs

    What type of property is this?
    Retail space - Specialty retail operation offered with inventory and fixtures, ready for a new owner to continue daily sales.
    Where is this retail space located?
    The property is located at 199 E MAIN ST Ashland, OR.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: Specialty retail operation includes inventory and fixtures, ready for a new owner to continue daily sales.; Profitable every year since 1992.; Includes inventory, fixtures, and all needed for a turnkey operation (cash excluded).
    (541) 301-3435 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Patie Millen
    Patie Millen
    Real Estate License ID: OR 940200113
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    199 E MAIN ST, ASHLAND, OR
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!