180 Lithia WAY #101-206 new Save Request In-Person Tour Request Virtual Tour
Ashland,OR 97520
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 10,088 sqft
Price per Sqft $246
MLS Listing ID 220201071
Year Built 2004
Annual Tax Amount $19,904
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 0.23
Property Description
100% Fully Leased! 6% CAP Rate*
Solid Investment in one of the Pacific Northwest's most famous tourist towns, Ashland, OR. The Jasmine Building is conveniently located within the Tourist Triangle within walking distance to over 30 restaurants, 10 art galleries, (3) theater including the world-famous Oregon Shakespeare Festival.
This offering has bundled (9) legal commercial condos, allowing the buyer the flexibility to sell unit individually, as well to adjust lease agreements in the future to be updated to a NNN lease model.
Location is not only preferred for locals and tourist, it has the markers to lend to a highly desired business location for the tenants. This location gets an average daily traffic of 9,700 per vehicles per day. In addition to high traffic and pedestrian counts the location is directly across the street from (6) free electric car chargers and over 60 free public parking spaces. Convenance and desirability cross-sect at the Jasmine Building.
Location
State OR
County Jackson
Interior
Heating Forced Air
Cooling Central Air,Zoned
Exterior
Parking Features On Street
Roof Type Membrane
Building
Entry Level Two
Foundation Block,Brick/Mortar,Concrete Perimeter,Slab
Water Public,Water Meter
Structure Type Brick,Concrete,Frame
New Construction No
Others
Senior Community No
Tax ID 10065354
Security Features Fire Sprinkler System
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard