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Parkview Lofts 5 N Main St

11,947 SF Retail Building Ashland, OR $5,640,000 ($472/SF) 5.5% Cap Rate

Investment Highlights

  • Opportunity for upside upon lease-up of the Property’s single vacancy, a 2,198 SF retail suite.
  • Current owners have invested roughly $1 million into building upgrades.
  • High average incomes of $97,000 within a 1-mile radius of the Property and nearly $145,000 to the south, the highest incomes in the county.
  • Located within a supply-constrained retail market with limited developable land; only 54,000 SF developed over the last 20 years.
  • The Oregon Shakespeare Festival accounts for more than 300,000 annual visitors to Ashland with a strong economic impact of roughly $128 million.

The Offering

  • Listing ID: 18337896
  • Date Created: 1/29/2020
  • Last Updated:

Attachments

Marketing Brochure/Flyer
Walk Score ®
Walker's Paradise (91)
What is a Walk Score®, Transit Score® & BikeScore®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Traffic

Collection Street Cross Street Traffic Volume Year Distance
Winburn Way N Main St, W 1,800 2012 0.05 mi
E Main St Oak St, SE 9,201 2018 0.05 mi
Oak St E Main St, SW 2,150 2012 0.07 mi
E Main St Oak St, NW 11,698 2018 0.07 mi
Oak St Lithia Way, NE 1,450 2012 0.09 mi

Transportation

Airport

Rogue Valley International-Medford Airport
25 min drive 15.7 mi

PROPERTY TAXES

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