Neighborhood Info
Commercial in Ashland
Ashland Creek Inn is one of Oregons premier luxury Inns. Located on a .63 acre lot in the heart of Ashland Oregons downtown, along side Ashland Creek.Built in 1880s, a 6-year remodel brought the hotel up to modern luxury with exquisite attention to detail. Sean Downey did all major work.10 private suites with common areas and commercial kitchen.All of our suites are very large; most have full living rooms, all with bedrooms, baths, kitchens or kitchenettes, and private decks.They are all uniquely laid out and furnished.The rooms are filled with art and antiques from the region they represent.The Inn has an excellent reputation and very strong repeat business year after year. Average room rates exceed $400/night. Profits are in excess of $300k per year after adjustments.The valuation is based on an average of 2019 and 2022. Commercial zoning means that owner occupancy is not required.Additional options for building are possible.Buyer to do own due diligence.
-
6,578 Sq. Ft.
-
0.63 Lot
Main Features
- Listing Status: Active
- Year Built: 1920
- County: Jackson
- Taxes: $20,352.75
- Tax Year: 2022
- Zoning: E-1
- MLS Number:220160697
What's My Mortgage?
70 Water Street Ashland, OR 97520
- $4,950,000
- 6,578 sqft
- 0.63 lot
- Est payment $26572.67/mo