For Lease
Property summary
This exceptional 2,725 square foot medical office suite is located at 518 Washington Street, Ashland, Oregon, 97520. Situated on a 0.14-acre lot, this Class B building offers a single-tenant occupancy within a larger 4,220 square foot building constructed in 2004 and renovated in 2012. The property features ample parking with 50+ spaces. The building is a two-story structure with no elevators. The zoning is C1. The property's Assessor's Parcel Number (APN) is 1-096896-1. Taxes are $1.97 per square foot. This prime location near Ashland Street presents a fantastic opportunity for medical professionals seeking a well-maintained and conveniently located space. The property is currently vacant and offers a significant opportunity for a new tenant. Free rent or lease incentives may be available to qualified tenants on a term lease. This is an ideal space for a growing medical practice seeking to establish or expand its presence in the thriving Ashland community. The property's convenient location and ample parking make it an attractive option for both patients and staff.
Property profile
VerifiedCap rate & NOI
Current use
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Alternative Medicine Practice
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Law Firm
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Alternative Medicine Practice
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Architect
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Crisis Center Medical Clinic
Location
Value estimations
Owner & transaction history
Zoning & alternative use
In the E-1 zone, uses within 200 feet of a residential zone require CU permit Commercial Excavation and Removal of Sand, Gravel, Stone, Loam, Dirty or Other Earth Products N N N N CU+ S N N N N Sec. 18.2.3.070 Concrete o…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
E-1 · Ashland, ORIn the E-1 zone, uses within 200 feet of a residential zone require CU permit Commercial Excavation and Removal of Sand, Gravel, Stone, Loam, Dirty or Other Earth Products N N N N CU+ S N N N N Sec. 18.2.3.070 Concrete o…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
In the E-1 zone, uses within 200 feet of a residential zone require CU permit Commercial Excavation and Removal of Sand, Gravel, Stone, Loam, Dirty or Other Earth Products N N N N CU+ S N N N N Sec. 18.2.3.070 Concrete o…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for E-1 in Ashland, OR.
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