Active

70 Water Street

Ashland OR, 97520

$4,950,000


$752.51 per sqft

Active

6,578 sqft

Commercial

Built in 1920

Courtesy of Ashland Homes Real Estate Inc., Graham Sheldon

Ashland Creek Inn is one of Oregon's premier luxury Inns. Located on a .63 acre lot in the heart of Ashland Oregon's downtown, along side Ashland Creek. Built in 1880's, 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.

220160697

MLS ID

February 20, 2025

Updated

Interior Features

Total Stories

2


Interior Features

Built-in Features, Ceiling Fan(s), Laminate Counters, Solar Tube(s), Tile Counters


Floor Description

Carpet, Hardwood, Tile, Vinyl


Fireplace

Yes


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Natural Gas

Exterior/Building Features

Lot Size

0.63 Acres


Exterior Features

Deck, Patio


Lot Features

Drip System, Garden, Landscaped, Native Plants, Sprinkler Timer(s), Sprinklers In Rear, Water Feature, Wooded


Roof

Composition, Membrane


Sewer

Public Sewer


Security

Security System Owned, Smoke Detector(s)


Window

Double Pane Windows, Skylight(s), Vinyl Frames, Wood Frames

School Information

School District

Square Feet

Other Property Details

Taxes

$21,027


Tax Frequency

Annually


Days on Market

319


Garage

No


Parking

Concrete, On Street, Parking Lot


Parking Total

7


View

Yes


View Description

City, Creek/Stream, Neighborhood, River, Territorial


County

Jackson


Municipality

1


Water Source

Public


Pool

No


Waterfront

Yes


Waterfront Features

Creek, Pond, Riverfront


Zoning

E-1

Green Building Features

Green Features

Public Utilities

 

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Data last updated 9:59 AM UTC, 2/20/2025

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