1450 Ashland Street, Ashland, OR 97520

$2,025,000
Property Type: Commercial Sale Square Footage: 11,194 Lot Size (sq. ft.): 20,038 Status: Closed
Current Price: $2,025,000 List Date: 11/16/2022 Last Modified: 1/09/2025

Overview

Description

The Ashland Timbers Motel has offered value in Ashland lodging for 50 years! At Timbers you'll find economy lodging, comfort and services. Clean updated rooms and special services for your lodging requirements. 29 units plus a manager unit. Units range from single queen, double queen, king, family units and & some pet friendly rooms all with vinyl double pane windows, tile floors in the bathrooms & carpet. All rooms include: Microwave, refrigerator, coffee makers, iron & ironing board, table & chairs. In ground pool on site, 2 ice machines, Washer & Dryer on site for maids use and 22 on-site parking spaces.

Listing Details MLS# 220156408

General Property Information

Building Area Total
11194
Building Area Source
Assessor
Building Area Units
Square Feet
# of Units Total
30
Year Built
1964
New Construction YN
No
Zoning
C
Tax Annual Amount
22640.79
Tax Year
2022
Potential Tax Liability YN
No
Assessment YN
No
CC&R's YN
No
FIRPTA YN
No
Sign On Property YN
No

Property Features

Common Walls: No Common Walls Construction Materials: Frame Cooling: Wall/Window Unit(s) Flooring: Carpet; Tile Foundation Details: Concrete Perimeter Heating: Baseboard; Electric; Other Levels: Two Roof: Metal Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Easements: Access Utilities: Electricity Connected Parking Features: Asphalt Pool Features: Outdoor Pool Sewer: Public Sewer Water Source: Public Listing Terms: Cash; Conventional Special Listing Conditions: Standard

Location Tax and Legal

Street Number
1450
Street Name
Ashland
Street Suffix
Street
County
Jackson
State
OR
Postal Code
97520

Contract Information

Original List Price
2400000
Listing Contract Date
2022-11-16
Dual Listing YN
No

Remarks and Miscellaneous

Public Remarks
The Ashland Timbers Motel has offered value in Ashland lodging for 50 years! At Timbers you'll find economy lodging, comfort and services. Clean updated rooms and special services for your lodging requirements. 29 units plus a manager unit. Units range from single queen, double queen, king, family units and & some pet friendly rooms all with vinyl double pane windows, tile floors in the bathrooms & carpet. All rooms include: Microwave, refrigerator, coffee makers, iron & ironing board, table & chairs. In ground pool on site, 2 ice machines, Washer & Dryer on site for maids use and 22 on-site parking spaces.

Status Change Information

Close Date
2023-02-08
Under Contract Date
2022-12-01
Status Change Timestamp
2023-02-09
Close Price
2025000
Sold Price per SqFt
180.9

More Information

Currently Not Used

List Price per SqFt
214.4

Business Details

Business Included?
No

Parking Details

Parking
Yes
# of Parking Spaces
20
Listing Office: John L. Scott Medford
Last Updated: January - 09 - 2025
Information deemed reliable but not guaranteed.