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243 4th Street

Ashland, OR 97520
  • $1,600,000
  • STATUS: Active
  • ON SITE: 102 Days
  • MLS #: 220166011
UPDATED: 52 min ago
$1,600,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,370
    SQFT
  • $366
    $/SQFT
Type:
Commercial
Built:
1904
County:
Area:

School Ratings & Info

Listing provided courtesy of Pacwest Commercial Real Estate Inc :.

Description

The Peerless Hotel Building is a historic boutique hotel which is on the National Register of Historic Places. 2-story, 6-room ''turn key'' hotel ready for new buyer. Professionally managed by local experts. Furnished with fine 18th & 19th century antiques, warm earth toned colors and modern bathrooms. New roof, two heat pumps, and natural gas for heat. On site parking with vehicle charging station. The property was renovated in 1991 (including seismic renovations) by the former owner. Property features modern day amenities and system but still boasts of the original beauty including original doors, hardware, windows, trim, woodwork, staircase and more. E-1 Zoning does allow for usage change to commercial/residential if buyer desires to live/work in property.

Monthly Payment Calculator

Central Oregon Association of Realtors logo © 2023 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Bend Homes Now | Cascade Hasson Sotheby's International Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Bend Homes Now | Cascade Hasson Sotheby's International Realty. Data last updated: .2023-09-26T13:48:22.127
www.bendhomesnow.com/homes/140595756
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243 4th Street Ashland, OR 97520

  • Price: $1,600,000
  • Status: Active
  • On Site: 102 Days
  • Updated: 52 min ago
  • MLS #: 220166011
0
Beds
0
Baths
0
½ Baths
0.09
Acres
4,370
SQFT
$366
$/SQFT
1904
Built
Neighborhood:
Railroad Addition (Ashland)
County:
Jackson
Area:
Ashland
Property Description
The Peerless Hotel Building is a historic boutique hotel which is on the National Register of Historic Places. 2-story, 6-room ''turn key'' hotel ready for new buyer. Professionally managed by local experts. Furnished with fine 18th & 19th century antiques, warm earth toned colors and modern bathrooms. New roof, two heat pumps, and natural gas for heat. On site parking with vehicle charging station. The property was renovated in 1991 (including seismic renovations) by the former owner. Property features modern day amenities and system but still boasts of the original beauty including original doors, hardware, windows, trim, woodwork, staircase and more. E-1 Zoning does allow for usage change to commercial/residential if buyer desires to live/work in property.
Exterior Features

Construction Materials Brick Exterior Features Courtyard Foundation Details Brick/MortarConcrete Perimeter Levels Two Lot Features Level Parking Details Numberof Parking Spaces 3 Parking Details Parking Yes Parking Features Electric Vehicle Charging Station(S)Paver Block Roof Membrane

Interior Features

Additional Features KitchenLaundry FacilityLiving Area in BuildingManager's QuartersOffice Space Basement None Cooling Central Air Flooring CarpetHardwood Heating Forced AirHeat PumpNatural GasZoned Security Features Carbon Monoxide Detector(S)Fire Sprinkler SystemSmoke Detector(S)

Property Features

Additional Parcels YN No Business Type Hospitality CCAnd Rs YN No Cross Street B Street FIRPTAYN No Incomeand Expenses Annual Amounts Cap Rate Basi Proforma Incomeand Expenses Annual Amounts Cap Rate Perc 6.06 Incomeand Expenses Annual Amounts Estimated Gr 239750.00 Incomeand Expenses Annual Amounts Estimated To 82600.00 Incomeand Expenses Annual Amounts Management E 59675.00 Incomeand Expenses Annual Amounts Net Operatin 97475.00 Listing Terms CashConventional New Construction YN No Owner Pays ElectricityGasInsuranceInterior MaintenanceJanitorial ServiceRepairsSewerTaxesWater Power Production Public Utilities Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 13479.40 Tax Year 2022 Zoning E-1

Listing information © 2023 MLS of Central Oregon
Listing provided courtesy of Pacwest Commercial Real Estate Inc :.

Central Oregon Association of Realtors logo © 2023 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Bend Homes Now | Cascade Hasson Sotheby's International Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Bend Homes Now | Cascade Hasson Sotheby's International Realty. Data last updated: .2023-09-26T13:48:22.127
 
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Bend Homes Now | Cascade Hasson Sotheby's International Realty
650 SW Bond St , Suite 100
Bend OR, 97702
Listing provided courtesy of Pacwest Commercial Real Estate Inc :.