Property profile

240 California St Jacksonville, OR 97530

OFF-MARKET
Bed & breakfasts
Property ID
US71-0715604
1,122 SF 0.25 ac lot
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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

Verified
Property type Bed & breakfasts
Use group BED & BREAKFAST
Total area 1,122 SF
Lot 0.25 ac (10,890 SF)
Zoning code HC
APN 1-0005324
UPID US71-0715604

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

240 California St Jacksonville, OR 97530-9474
Jacksonville metro Census 1500 MEDFORD, OR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.57M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.62M

Owner & transaction history

since 2021
Last sale
$1.5M
7 recorded transactions
2021
Price N/A
2021
$1.5M
2009
Price N/A
2005
$940,000
2005
$940,000
2001
$200,000
1993
Price N/A

Zoning & alternative use

HC · Jacksonville, OR
Zoning description

§ 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…

General category SPECIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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