668 N Main St - Hospitality FOR SALE


Ashland, OR 97520
$2,300,000 USD
541-944-6411
668 N Main St, Ashland, OR for Sale
$2,300,000 USD
Hospitality - FOR SALE
1/59
null | 6.35% Cap Rate

668 N Main St
Ashland, OR 97520


OVERVIEW

This 1880 farmhouse was originally converted into a bed and breakfast in 1983. The Morical House Garden Inn has a rich history and now has 9 bedrooms and 10 bathrooms. The main house has original red fir floors and much of the Victorian era woodwork and other features have been maintained over the years. The carriage house was added in 1995, and the Inn created a luxurious experience for its clients for more than two decades. Although day-to-day operations ceased in 2020, the Morical stands ready to resume its role as a high-end boutique hotel or move on to its next adventure.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$425 USD /SF

# OF ROOMS

9

PRICE/ROOM

$255,556 {currency}

CAP RATE

6.35%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Morical House Garden Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1880

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

E-1

APN/PARCEL ID

10770518

ASK ABOUT THIS PROPERTY

Raliegh GranthamWindermere Real EstateMore Info
541-944-6411

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Raliegh GranthamWindermere Real EstateMore Info
541-944-6411

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