345 N 5th St - Hospitality FOR SALE


Jacksonville, OR 97530
$699,000 USD
541-261-3542
345 N 5th St, Jacksonville, OR for Sale
$699,000 USD
Hospitality - FOR SALE
1/10
null | Request Cap Rate

345 N 5th St
Jacksonville, OR 97530


HIGHLIGHTS

  • Close to downtown Jacksonville and Britt Festivals
  • Furniture comes with the sale.
  • Can be a duplex as well

OVERVIEW

Price reduced on this enchanting, historic cottage in Jacksonville—currently known as The Inn on 5th St—that offers both overnight and long & short-term stays. Commercial zoning allow for an active business and living. Total of 4 bedrooms and 2 bathrooms, 2 laundry rooms, this fully furnished 1880 home in the Historical Core features two separate units with private patios and 1 garage. The front unit includes 3 bedrooms and 1full bathroom w/ a claw-foot tub, comfortably sleeping up to 6 guests, while the attached unit offers 1 bedroom and 1 bathroom for an additional 2 guests. Situated near downtown Jacksonville, the property is surrounded by renowned attractions such as the famous Britt Festivals, Southern Oregon Wineries, and a vibrant array of local restaurants and shops. This unique property also represents an excellent business opportunity in real estate, with sellers having the option to convert to a 1031 Exchange. New roof and outside painting is scheduled before the closing Private Remarks: Planned New roof and outside paint before COE.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$351 USD /SF

# OF ROOMS

6

PRICE/ROOM

$116,500 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1880

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

HC

APN/PARCEL ID

10004661

ASK ABOUT THIS PROPERTY

Don McCoyeXp Realty LLCMore Info
541-261-3542

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Don McCoyeXp Realty LLCMore Info
541-261-3542

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.