145 E Main Street, Ashland, OR 97520

Property Description

Located in the vibrant core of Ashland, 145 E Main Street presents a rare opportunity to own a historic, income-producing commercial asset in one of Oregon's most desirable downtown districts. Built in 1905, this classic property blends timeless character with strong investment fundamentals, currently delivering a 6% cap rate. The building offers 3,960 sq ft of commercial/retail space, presently occupied by professional office users and a popular locally owned restaurant that benefits from excellent downtown foot traffic. In addition, the property includes 2,920 sq ft of parking or warehouse storage space, currently leased as income-generating parking spaces--an increasingly valuable amenity in downtown Ashland. Positioned along E. Main St in the heart of the city's dining, shopping, and cultural corridor, this property provides investors with stable tenancy, multiple revenue streams, and long-term upside in a highly sought-after market. And 1 block from the Shakespeare Festival!