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    FOR SALE
    Medical Office Space

    993 Siskiyou Blvd, Ashland, OR 97520

    4,024 SF 0.37 ac lot Built 1970
    Individually Owned Absentee Owner ~ Est. High Equity
    Property ID
    US71-0000856
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1970
    Total area 4,024 SF
    Lot 0.37 ac (16,117 SF)
    Zoning code R-3
    APN 1-0077417
    UPID US71-0000856
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Michael Kempf, DDS Dental Office
    • Kemp Michael R DDS Dental Office
    • Mayo Denture Center Ashland, LLC Dental Office
    • Sun Implant Specialists, LLC Dental Office
    • Wellspring Centre For Body Balance Alternative Medicine Practice
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Mortimore Ryan
    Mortimore Ryan
    since 2026
    Last sale
    $155,000
    7 recorded transactions
    2026
    $739,900
    2020
    2015
    2009
    2009
    2008
    $155,000
    2007
    $81,600
    Zoning & alternative use
    R-3 · Ashland, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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