First time on market for this charming mixed-use commercial and residential building in the heart of Ashland's historic Railroad District, located within a flat half-mile radius of parks, restaurants, shopping, and downtown entertainment! Main level with two long-term commercial tenants; upper level with two residential tenants approaching first year of occupancy. Property has been thoroughly maintained and upgraded with low-e windows, fresh exterior paint, new furnaces and AC units, and a new roof within the last nine years. Each commercial unit with half-bath; residential units with spacious living rooms, full kitchens, and one to two bedrooms and full bathrooms. Alley access to Ashland's central bike path, five private parking spaces, and one shared ADA space. Courtyard with mature ornamental trees and plantings. Inquire with agents to access full due diligence package - including financials, proforma, improvements, maintenance records, floor plans, and more!