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180 Lithia Way Ashland, OR 97520

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Fully leased commercial condos in Ashland's tourist district.

Type:Office, Retail
Property size:
10,088 SF
Added:
Nov 15, 2024
Days on Market:
518
Last Refresh:
Mar 17 at 1:14 pm

Property Features for 180 Lithia Way

General Information

Standard status
Active
Size
10,088 SF
Property subtype
Office, Retail

Building Details

Year Built
2004

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Listing Contact
Eric Herron

Listing agent Eric Herron License #OR #201218616

Listing office Cascadia Prime LLC

Listing date Nov 15, 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 Cascadia Prime LLC


Overview

Leased Investment in Ashland Tourist Triangle

This is an investment opportunity in Ashland, Oregon, situated within the Tourist Triangle, near restaurants, art galleries, and the Oregon Shakespeare Festival. The offering includes nine commercial condos, providing flexibility to sell units individually or adjust lease agreements to a NNN lease model. The location is desirable for both locals and tourists, with an average daily traffic of 9,700 vehicles per day. It is located across the street from six free electric car chargers and over 60 free public parking spaces. The building's HOA has cash reserves for repairs and maintenance. The commercial condos include conference rooms, breakrooms and kitchen spaces, restrooms, medical office, professional office, co-working offices, open office plans, private executive offices, an elevator, multiple entrances, high ceilings, fire suppression, lobbies, and large windows. Ashland is a culturally rich mecca for tourism, entertainment, and entrepreneurship, with access to Mt. Ashland, the Rogue River, and Crater Lake National Park. Ashland has a population of 21,117 residents and 450,000 annual visitors. It is also home to Southern Oregon University with 4,389 students. The Oregon Shakespeare Festival runs from April to October, selling over 380,000 annual tickets. Mt. Ashland offers year-round activities, including access to the Pacific Crest Trail.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

MustHaveMenus, Inc. (Bike/Boat/Book/etc) Store Ashland Brain Harmony Physician Aligned Career Coaching Employment Agency Natural Medicine Physician FourEight Transitions Medical Clinic

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
-122.7122059
Latitude
42.1966832

FAQs

What type of property is this?
Office units - Fully leased commercial condos in Ashland's tourist district.
Where is this office units located?
The property is located at 180 Lithia Way Ashland, OR.
What is the asking price?
The asking price for this property is $2,265,000.
What are key features of this property?
This property features: 100% Fully Leased Commercial Condos: Provides immediate income and a solid investment opportunity.; Prime Location in Ashland's Tourist Triangle: High foot and vehicle traffic (9,700 vehicles per day) ensures visibility and accessibility.; Flexibility with (9) Legal Commercial Condos: Allows for individual unit sales and adaptable lease agreements.
More about this property
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