993 Siskiyou Blvd, Ashland, OR 97520
For Sale
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This exceptional commercial investment property in Ashland, Oregon, presents a rare opportunity. Situated on Siskiyou Boulevard, directly across from Southern Oregon University (SOU), this prime location ensures high visibility and foot traffic. The property encompasses a substantial 4,024 square feet on a 0.37-acre lot, featuring five updated and well-maintained units, ideal for a variety of business ventures. Units 1 and 2, totaling 1,483 square feet, have been combined into a single, highly functional space currently generating $2,188 in monthly rent. This inviting unit boasts a spacious reception area, private offices, and abundant natural light. Unit 3, recently remodeled, offers a similar layout with a welcoming reception area and private rooms, commanding a monthly rent of $1,620. Unit 4, spanning 1,080 square feet, includes five private offices, a reception area, and a convenient break room, currently leased for $1,626 per month. Finally, Unit 5, a charming 700-square-foot space, is currently vacant and presents versatile options for rental income or owner-occupancy. The property also benefits from a large parking lot providing ample parking for all tenants and visitors. This turnkey investment offers strong rental income and significant potential for future growth, making it an attractive proposition for discerning investors. The asking price is $1,075,000.
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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
R-3 · Ashland, ORAshland. 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.