Beautifully maintained mixed-use commercial building located on the corner of 4th and “A” Street in the heart of the Railroad District. Built in 2000 by its original owners, this property offers one of the most sought after and desirable locations in Ashland. Walking distance to much of downtown, easy access to the bike path, parks, and more, this turn-key income property Zoned E-l, allows for a variety of uses. The building’s upper level consists of three lovely and private residential units while the ground floor contains four commercial spaces which include a bicycle shop, financial investment firm, and chiropractic office.
Recent improvements include new exterior paint, new windows throughout, new roof, new hot water heaters, recently serviced heating and air-conditioning systems, individual meters for gas and electric, mature landscaping with drip irrigation, delightful shared courtyard with adjoining building, and exterior secured trash receptacle/storage room.
Residential units feature tall ceilings, large windows and skylights that allow for fabulous natural light, spacious outdoor decks to enjoy the fantastic views of the Cascade and Siskiyou Mountains, individual storage rooms accessed from outside the building, off-street parking, and a coin-operated shared laundry facility.
Solid residential and long-term commercial tenancies provide a generous annual income of over $125,000. Attractive terms available, owner may consider carrying with up to 50% down. Fantastic value at $2,100,000.
Shown by appointment through the listing broker to pre-qualified Buyer’s only. Financials available with signed confidentiality agreement.