Property summary
This exceptional property, located at 240 E California Street in the heart of historic downtown Jacksonville, Oregon, presents a unique investment opportunity. The 6,055 square foot main building, constructed in 1860 and meticulously renovated, houses a boutique inn, a cozy pub, a welcoming lounge, and an artisan bakery. The property sits on a 0.7-acre lot, offering ample space and potential for expansion. Its prime location in Southern Oregon's Wine Country places it within easy reach of the Britt Music & Arts Festival and Medford International Airport, ensuring high tourist traffic and strong revenue potential. The included Jacksonville Lumber Co. building provides additional space ideal for hosting events, meetings, corporate retreats, or weddings, significantly increasing the property's versatility and income streams. This beautifully restored property seamlessly blends historic charm with modern amenities, offering a rare chance to own a thriving business in one of Oregon's most desirable small towns. The asking price is $4,100,000. This turnkey operation is ready for a new owner to continue its success.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
§ 18.15.080 HISTORIC CORE (HC) DISTRICT. (A) The Jacksonville historic core district has a sense of time and place dating from the 1880's. By 1884 all of the primary historic commercial buildings located on California an…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
HC · Jacksonville, OR§ 18.15.080 HISTORIC CORE (HC) DISTRICT. (A) The Jacksonville historic core district has a sense of time and place dating from the 1880's. By 1884 all of the primary historic commercial buildings located on California an…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
§ 18.15.080 HISTORIC CORE (HC) DISTRICT. (A) The Jacksonville historic core district has a sense of time and place dating from the 1880's. By 1884 all of the primary historic commercial buildings located on California an…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for HC in Jacksonville, OR.
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- Property Ownership
- Basic report summary
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- Value Estimation
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- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning