Ashland Mixed-Use Building For
For Sale
Contact for pricing
545 A Street, Ashland, OR 97520
Mixed-use property in Ashland's historic Railroad District.
Property Size4,950 SF
Price / SF$252.53
Days on Market686
Property Features for 545 A Street
General Information
Standard status
Active
Size
4,950 SF
Class
A
Property subtype
Mixed Use, Multifamily, Office
Zoning
E-1
Occupancy
100%
Lease Type
Modified Gross
Investment Type
Owner/User
Net Operating Income
$53,845
Building Details
Year Built
1997
Buildings
1
Stories
2
Units
5
Tenancy
Multi
Listing Agency:
Catherine Rowe Real Estate Team
Listed By:
Graham Thomas · License #201218617
Source:
Crexi
Added: Oct 4, 2024
Changed: Aug 14
Last Checked: Aug 19 at 5:58PM
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 Catherine Rowe Real Estate Team
Investment Insights
Based on property information with market context.
This versatile mixed-use building, featuring both residential and commercial spaces, is located in the heart of Ashland's historic Railroad District, near parks, shopping, restaurants, and downtown entertainment. The main level is occupied by two long-standing commercial tenants in three units, accessible from A Street, with alley access to Ashland’s central bike path. The property includes five private parking spaces and one shared ADA space. Each upper-level residential unit offers a spacious living room, a kitchen with a dining counter and natural gas range oven, one to two bedrooms, and a full bathroom. Abundant natural light and mountain views enhance the residential units. The property is well-maintained and upgraded with low-e windows, fresh exterior paint, new furnaces and AC units, and a new roof installed within the last ten years. A common area courtyard features mature ornamental trees and plantings. The property size is 4950 square feet.
Key Highlights
- Prime location in Ashland's historic Railroad District, near parks, shopping, restaurants, and downtown entertainment.
- Mixed‑use property with established rental history and long‑standing commercial tenants.
- Upper‑level residential units feature spacious living rooms, kitchens with natural gas ranges, and mountain views.**
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$51,233
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,024,660
$1.0M
Cap Rate 7%
$731,900
$731.9K
Cap Rate 9%
$569,256
$569.3K
Market Conditions
NOI Build-Up for 4,950 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$89.1K $18.00/SF
− Vacancy
−$7.1K −$1.44/SF
EGI
$82.0K $16.56/SF
− OpEx
−$30.7K −$6.21/SF
NOI
$51.2K $10.35/SF
Area
Jackson County, OR
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,024,660
Cap Rate 7%
$731,900
Cap Rate 9%
$569,256
Alternative Uses
Best Use
Mixed Use
$731.9K
$640.4K – $853.9K
NOI $51,233 @ 7.0% cap · market cap 4.10%
Second Best
Apartment 5plus
$665.1K
$581.9K – $775.9K
NOI $46,555 @ 7.0% cap · market cap 3.72%
Theoretical Best
Office A
$1.19M
$1.05M – $1.39M
NOI $83,635 @ 7.0% cap · market cap 6.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,632
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property in Ashland's historic Railroad District.
Where is this mixed-use property located?
The property is located at 545 A Street Ashland, OR.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Prime location in Ashland's historic Railroad District, near parks, shopping, restaurants, and downtown entertainment.; Mixed‑use property with established rental history and long‑standing commercial tenants.; Upper‑level residential units feature spacious living rooms, kitchens with natural gas ranges, and mountain views.**
