283 E Main Street, Ashland, OR 97520
$2,550,000
Property Type:
Commercial Sale
Lot Size (sq. ft.):
11,326
Status:
Closed
Current Price:
$2,550,000
List Date:
6/20/2012
Last Modified:
11/01/2024
Overview
Description
Listing Details MLS# 102931266
General Property Information
- # of Units Total
- 10
- Year Built
- 1910
- Zoning
- C-1-D
- Tax Annual Amount
- 15687.26
- Tax Year
- 2012
Property Features
Additional Features:
ADA Comply; Bath Common Area; Bus Service or Stop; Mezzanine; Office Space
Basement:
Partial
Construction Materials:
Brick; Concrete
Cooling:
Central Air; Heat Pump
Heating:
Forced Air; Heat Pump; Natural Gas
Roof:
Composition
Business Type (AKA Sub Type):
Construction/Contractor; Food & Beverage; Retail
Flood:
N/A
Sewer:
Public Sewer
Water Source:
Public
Documents on File:
Profit and Loss Statement
Listing Terms:
Cash; Conventional
Special Listing Conditions:
Standard
Location Tax and Legal
- Street Number
- 283
- Street Dir Prefix
- E
- Street Name
- Main
- Street Suffix
- Street
- County
- Jackson
- State
- OR
- Postal Code
- 97520
Contract Information
- Original List Price
- 2880000
- Listing Contract Date
- 2012-06-20
Remarks and Miscellaneous
- Public Remarks
- Here's your opportunity to own one of Ashland's premier historic commercial buildings in a prime downtown location just two blocks from the Shakespeare Festival. Built in 1910, the Swedenburg Building offers priceless Main Street frontage. There are numerous retail businesses, restaurants, and 9 office spaces. Wide hallways, skylights and high ceilings throughout bring in great natural light. The building has been well maintained and is constantly being improved. The basement level features additional office spaces, storage and convenient access to the designated parking lot. Since the zoning doesn't require designated parking, there is additional development potential if someone one wanted to expand into the expansive parking area. Detailed financial information is available for qualified and serious inquiries.
- Directions
- Corner of E. Main and Second Streets in downtown Ashland.
Status Change Information
- Close Date
- 2012-12-10
- Under Contract Date
- 2012-11-03
- Status Change Timestamp
- 2012-12-10
- Close Price
- 2550000
More Information
Income and Expenses (Annual Amounts)
- Cap Rate %
- 7.11
- Net Operating Income
- 199276
Listing Office:
John L. Scott Ashland
Last Updated: November - 01 - 2024
Broker Attribution:
5414144663
Information deemed reliable but not guaranteed.