545 A St - Apartments FOR SALE


Ashland, OR 97520
$1,300,000 USD
541-708-3975
545 A St, Ashland, OR for Sale
$1,300,000 USD
Apartments - FOR SALE
1/37
null | 4.75% Cap Rate

545 A St
Ashland, OR 97520


HIGHLIGHTS

  • Mixed-use commercial and residential building in Ashland's historic Railroad District
  • Thoroughly maintained and upgraded with low-e windows, fresh exterior paint, new furnaces and AC units, and a new roof
  • Financials, proforma, improvements, maintenance records, and floor plans available

OVERVIEW

Versatile mixed-use residential and commercial building with strong rental history in the heart of Ashland's historic Railroad District – located near parks, shopping, restaurants, and downtown entertainment. Main level rented by two long-standing commercial tenants occupying three units with multiple entrances from A Street, alley access to Ashland’s central bike path, five private parking spaces, and one shared ADA space. Each upper-level residential unit features a spacious living room, kitchen with dining counter and natural gas range oven, one to two bedrooms, full bathrooms, abundant natural light, and mountain views. Property is well maintained and upgraded with low-e windows, fresh exterior paint, new furnaces and AC units, and a new roof within the last ten years. Common area courtyard with mature ornamental trees and plantings. Full due diligence package available – including financials, pro forma, improvements, maintenance records, and floor plans. Inquire for details!

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$263 USD /SF

# OF UNITS

2

PRICE/UNIT

$650,000

CAP RATE

4.75%

% LEASED

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1997

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

E-1

APN/PARCEL ID

10828855

ASK ABOUT THIS PROPERTY

Catherine Rowe TeamJohn L Scott Real EstateMore Info
541-708-3975

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Catherine Rowe TeamJohn L Scott Real EstateMore Info
541-708-3975

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