635 N Oregon Street, Jacksonville, OR 97530

$2,850,000
Property Type: Commercial Sale Square Footage: 8,684 Lot Size (sq. ft.): 138,956 Status: Closed
Current Price: $2,850,000 List Date: 1/26/2021 Last Modified: 2/10/2026

Overview

Description

Investors, builders, entrepreneurs...The Historic Nunan Estate has active approval to finish or construct up to 30 units. Plans have been approved for overnight accommodations (and extended for two years from the city of Jacksonville) The setting is beautiful as is, and could easily be used as a family estate, or corporate retreat, but this opportunity is rare to construct and operate the property as a hotel or Airbnb type arrangement. The grounds are gorgeous which include an inground pool and spa, full pool house with bathroom and showers. The possibilities are endless. A complete furnished and equipped restaurant is included at ground level beneath 3 newly constructed/remodeled guest rooms which are currently being rented through Airbnb and other sites. The overall build out with 30 rentable units would produce a sizeable net income.

Listing Details MLS# 220115550

General Property Information

Building Area Total
8684
Building Area Source
Other
Building Area Units
Square Feet
# of Units Total
3
Year Built
1896
New Construction YN
No
Zoning
HC
Tax Annual Amount
21183
Tax Year
2020
Potential Tax Liability YN
No
Assessment YN
No
CC&R's YN
No
Preferred Escrow Company & Officer
Julie Schamanek, First American
FIRPTA YN
No
Sign On Property YN
Yes

Property Features

Additional Features: Kitchen; Living Area in Building; Office Space Basement: Unfinished Common Walls: No Common Walls Construction Materials: Brick; Frame Cooling: Central Air Flooring: Carpet; Hardwood; Tile Foundation Details: Concrete Perimeter; Other Heating: Forced Air; Natural Gas Levels: Two Roof: Composition; Metal Security Features: Smoke Detector(s) Business Type (AKA Sub Type): Bed & Breakfast; Hospitality; Restaurant Exterior Features: Built-in Barbecue; Courtyard; Spa/Hot Tub Flood: N/A Utilities: Electricity Connected Lot Features: Drip System; Fenced; Landscaped; Level; Sprinkler Timer(s); Sprinklers In Front; Sprinklers In Rear Miscellaneous Information: Shell Space Other Structures: Guest House; Storage Parking Features: Asphalt; Detached; Driveway; Gated; Parking Lot Patio and Porch Features: Deck; Patio Pool Features: Outdoor Pool Road Frontage Type: Private Access View: Mountain(s); Territorial Sewer: Public Sewer Water Source: Public Documents on File: Lead Based Paint Report; Profit and Loss Statement Listing Terms: Cash; Conventional; Owner Will Carry Special Listing Conditions: Standard

Location Tax and Legal

Street Number
635
Street Dir Prefix
N
Street Name
Oregon
Street Suffix
Street
County
Jackson
State
OR
Postal Code
97530
Subdivision Name
Valley View Addition (jacksonville)

Contract Information

Original List Price
2950000
Listing Contract Date
2021-01-26
Dual Listing YN
Yes

Remarks and Miscellaneous

Public Remarks
Investors, builders, entrepreneurs...The Historic Nunan Estate has active approval to finish or construct up to 30 units. Plans have been approved for overnight accommodations (and extended for two years from the city of Jacksonville) The setting is beautiful as is, and could easily be used as a family estate, or corporate retreat, but this opportunity is rare to construct and operate the property as a hotel or Airbnb type arrangement. The grounds are gorgeous which include an inground pool and spa, full pool house with bathroom and showers. The possibilities are endless. A complete furnished and equipped restaurant is included at ground level beneath 3 newly constructed/remodeled guest rooms which are currently being rented through Airbnb and other sites. The overall build out with 30 rentable units would produce a sizeable net income.
Directions
West on California Street Downtown Jacksonville to Right on N. Oregon Street, Property is a few blocks down on the Left

Status Change Information

Close Date
2021-04-09
Under Contract Date
2021-04-03
Status Change Timestamp
2021-04-09
Close Price
2850000
Sold Price per SqFt
328.19

More Information

Currently Not Used

List Price per SqFt
339.71

Business Details

Business Included?
No

Parking Details

Parking
Yes
# of Parking Spaces
20
Listing Office: John L. Scott Ashland
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.