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262 E Main St
Ashland, OR 97520

$4,500,000 USD

Hotel For Sale • 23,000 SF

Property Details

Property Type Hotel
Total Building Size 23,000 SF
Lot Size 0.38 AC
Building Class C
Year Built 1910
Cap Rate 6.96 %
Zoning C-1-D

0 Transit Score

91 Walk Score

                
                    Highlights
                
                                The Enders Building at 262 E Main Street is home to the historic Columbia Hotel, which has been in continuous operation since 1910.
                            
                                Comprising 8 offices, 1 real estate office, 5 retail spaces, and a hotel, this trophy property has been fully leased for the past decade.
                            
                                More than 450K tourists visit the area each year for the Oregon Shakespeare Festival, the 150+ area wineries, and the abundant outdoor recreation. 
                            
                                Amazing Hotel Operator in Place! Great Tenants!  Businesses not included in sale.  
                            
                                Ashland, OR was a Top 10 Finalist for the “Best Town in America” and is home to nearly 6,000 students at Southern Oregon University.

Cap Rate:

6.96 %

Amenities

Business Center
On-Site Retail
High Speed Internet Access
Boutique/Lifestyle Hotel
Public Access Wifi
Smoke-Free

Public Transportation

Airport	Drive	Walk	Distance
Rogue Valley International - Medford	26 min	-	15.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	12
Type:	Surface
Included in Rent:	Yes

Eric Herron 541-690-6736 Cascadia Prime LLC

262 E Main St Ashland, OR 97520