240 California St, Jacksonville, OR 97530-9474
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
HC · Jacksonville, ORJacksonville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.