Ashland Mixed-Use Building For
545 A Street, Ashland, OR 97520
Mixed-use property in Ashland's historic Railroad District.
Type:Mixed Use, Multifamily, Office
Property size:
4,950 SFPrice / SF:
$252/SF- Added:
- Oct 4, 2024
- Days on Market:
- 641
- Last Refresh:
- Jul 4 at 11:32 am
Property Features for 545 A Street
General Information
- Standard status
- Active
- Size
- 4,950 SF
- Property subtype
- Mixed Use, Multifamily, Office
Building Details
- Year Built
- 1997
Listing office Catherine Rowe Real Estate Team
Listing date Oct 4, 2024
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 Catherine Rowe Real Estate Team
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.
- Includes five private parking spaces and one shared ADA space with alley access to the central bike path.
- Well‑maintained and upgraded with low‑e windows, fresh exterior paint, new furnaces and AC units, and a new roof (within the last ten years).
- Due diligence package available, including financials, pro forma, improvements, maintenance records, and floor plans.
Overview
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.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $106.9k | $21.60 |
| − Vacancy | −$9.1k | −$1.84 |
| EGI | $97.8k | $19.76 |
| − OpEx | −$29.3k | −$5.93 |
| NOI | $68.5k | $13.83 |
4,950 SF · lease $21.60/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$978.3K
$856.0K – $1.14M
NOI $68,482 @ 7.0% cap · market cap 5.48%
Second Best
Mixed Use
$731.9K
$640.4K – $853.9K
NOI $51,233 @ 7.0% cap · market cap 4.10%
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 local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Energetic Anatomyâ„¢
Gym & Fitness Center
Kenny Taylor, Real ...
Real Estate Agency
Sky Suzanne E
Alternative Medicine Practice
Kevin Carr L.P.C.
Counselor
Robynne Whitaker & Jeffrey ...
Real Estate Agency
Location Insight
- Map
- Local Demand
- City
- Ashland
- County
- Jackson
- State
- Oregon
- Longitude
- -122.706583
- Latitude
- 42.1982526
Nearby Similar for Sale
FAQs
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.**
