For Sale

262 E Main St – Ashland Boutique Hotel

Price$3,020,000No. Stories1
Property TypeHospitalityYear Built1906
Property Sub-typeHotelParking Ratio1.47/1,000 SF
Sale TypeInvestmentCorridorInterior
Building Size7,500 SFZoning DescriptionC-1-D
No. Rooms25APN / Parcel ID10068554

DESCRIPTION

RARE! Hotel Property on Main Street in Ashland Oregon. This opportunity doesn’t come around often. Well-maintained 2nd floor Columbia Hotel on the Tourist Corridor in Southern Oregon. Tourist come from all over the world to visit the highly acclaimed Oregon Shakespeare Festival with annual attendance over 380,000. There are 25 Art Galleries and 7 Working Studios, all within blocks. Ashland has a strong Outdoor Recreation Tourism to support this property with Mount Ashland Ski Resort with 70,000 visitors per year, 3 whitewater rafting companies and a growing mountain biking scene. Southern Oregon is home to over 150 wineries attracting culinary tourist from sea to shining sea. This property does not include the business. Property is defined by the space occupied by tenant, Columbia Hotel. Please refer to the floor plan. Upon an accepted offer this property will be condominimized by the seller to complete this transaction. Possible Seller Carry with substantial down payment. DO NOT CONTACT TENANT.

HIGHLIGHTS

• Located close to 5 theaters
• Busy Tourist Industry
• Mixed-use possibilities
• Heavy tourist foot traffic
• Possible Seller Carry with Substantial Down




To learn more contact: Eric Herron | Broker, Commercial Real Estate
EricH@fullcirclereal.com | 541.690.6736


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LISTING PRICE: $3,020,000




DISCLAIMER: This Property may be withdrawn without notice. Buyer(s) and Buyer’s agent(s) are responsible for performing due diligence and verifying all information presented on this property; as well as allowed uses for this property. Although information is deemed reliable and has been obtained from sources, neither Full Circle Real Estate, Eric Herron nor Owner makes any guarantees, warranties or representations, express or implied, as to the completeness or accuracy of  the information contained herein.  Neither Full Circle Real Estate, Eric Herron nor Owner accepts liability for damages or losses suffered by any party resulting from the presented information. It is  Buyer(s) and Buyer’s agent(s) responsibility to verify  estimates, pro-formas, projections or opinions used as examples. There may be differences between estimate, pro-forma, projections and actual results.  Please call Eric Herron for showing instructions.