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180 Lithia Way , #101

Ashland, OR 97520
  • $2,490,000
  • STATUS: Active
  • ON SITE: 162 Days
  • MLS #: 220183591
UPDATED: 38 min ago
$2,490,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,088
    SQFT
  • $247
    $/SQFT
Type:
Commercial
Built:
2004
County:
Area:

School Ratings & Info

Listing provided courtesy of John L. Scott Ashland :541-880-6755.

Description

Rare offering in heart of downtown Ashland. One of the few newer downtown office buildings with 9 commercial condos out of 14 condo units located on 1st and 2nd floor of the Jasmine building totaling 10,088 SF of gross building. Fully occupied. Potential profit increase could be achieved by charging upstairs tenants for common areas, utilities and possible rent increases. Owner user option in ground floor unit while earning income on the remainder units. Well-funded HOA w/solid reserves for future maintenance or upgrades. Seller's portion of HOA Reserves to be replaced by Buyer. Sellers' portion of annual interest income for HOA reserves is approx. $5,000+. Very nice kitchen & restrooms in common area on 2nd floor, 3 street level units w/ private kitchen & restrooms inside units. High level quality construction w/ highly strategic location, high street & pedestrian traffic & within walking distance to downtown amenities.

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Central Oregon Association of Realtors logo © 2024 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 Coldwell Banker Sun Country Realty, Inc. 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 Coldwell Banker Sun Country Realty, Inc.. Data last updated: .2024-11-09T19:44:00.163
www.cbsun.com/homes/151102346
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180 Lithia Way , #101 Ashland, OR 97520

  • Price: $2,490,000
  • Status: Active
  • On Site: 162 Days
  • Updated: 38 min ago
  • MLS #: 220183591
0
Beds
0
Baths
0
½ Baths
N/A
Acres
10,088
SQFT
$247
$/SQFT
2004
Built
County:
Jackson
Area:
Ashland
Property Description
Rare offering in heart of downtown Ashland. One of the few newer downtown office buildings with 9 commercial condos out of 14 condo units located on 1st and 2nd floor of the Jasmine building totaling 10,088 SF of gross building. Fully occupied. Potential profit increase could be achieved by charging upstairs tenants for common areas, utilities and possible rent increases. Owner user option in ground floor unit while earning income on the remainder units. Well-funded HOA w/solid reserves for future maintenance or upgrades. Seller's portion of HOA Reserves to be replaced by Buyer. Sellers' portion of annual interest income for HOA reserves is approx. $5,000+. Very nice kitchen & restrooms in common area on 2nd floor, 3 street level units w/ private kitchen & restrooms inside units. High level quality construction w/ highly strategic location, high street & pedestrian traffic & within walking distance to downtown amenities.
Exterior Features

Attached Garage YN No Body Type [] Construction Materials Block Exterior Features [] Foundation Details Slab Lot Features LandscapedLevel Parking Features On Street Roof Membrane Window Features Double Pane Windows

Interior Features

Additional Features Kitchen Yes Additional Features Office Space Yes Basement [] Cooling Central Air Cooling YN Yes Flooring CarpetTile Heating Forced AirNatural Gas Heating YN Yes Interior Features ElevatorWired for Data Levels Two

Property Features

Additional Features Common Area Yes Additional Parcels YN Yes Building Area Total 10088 CCRs YN Yes Common Walls 2+ Common Walls Flood NA Yes Listing Terms CashConventional New Construction YN No Other Structures [] Owner Pays Common Area MaintenanceInsuranceSewerTaxes Road Frontage Type [] Road Surface Type [] Security Features Fire Sprinkler SystemSmoke Detector(s) Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 20193.36 Tax Year 2024 Tenant Pays ElectricityGasWater View [] Water Source Public Waterfront Features [] Zoning Description C-1-D

Listing information © 2024 MLS of Central Oregon
Listing provided courtesy of John L. Scott Ashland :541-880-6755.

Central Oregon Association of Realtors logo © 2024 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 Coldwell Banker Sun Country Realty, Inc. 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 Coldwell Banker Sun Country Realty, Inc.. Data last updated: .2024-11-09T19:44:00.163
 
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Coldwell Banker Sun Country Realty, Inc.
750 NW 3rd Street
Prineville OR, 97754
Listing provided courtesy of John L. Scott Ashland :541-880-6755.