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