This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
Your email has been sent!
Parkview Lofts 5 N Main St
11,947 SF Retail Building Ashland, OR $5,640,000 ($472/SF) 5.5% Cap Rate
- 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.
|Price Per SF||$472||Lot Size||0.42 AC|
|Sale Type||Investment||Gross Leasable Area||11,947 SF|
|Cap Rate||5.50%||No. Stories||2|
|Property Type||Retail||Year Built||1948|
|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|
Rogue Valley International-Medford Airport
|25 min drive||15.7 mi|
|Land Assessment||$172,030||Total Assessment||$874,420|
The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.