$1,270,000
$1,547,000
17.9%For more information regarding the value of a property, please contact us for a free consultation.
243 4th ST Ashland, OR 97520
4,370 SqFt
Key Details
Sold Price $1,270,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,370 sqft
Price per Sqft $290
Subdivision Railroad Addition (Ashland)
MLS Listing ID 220116558
Sold Date 10/25/21
Year Built 1904
Annual Tax Amount $12,324
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 0.09
Property Description
Rare opportunity to own a ''turn-key'' hotel in the heart of the Railroad District in beautiful Ashland Oregon. The Peerless Hotel Building, originally built in 1904 (once a railroad-workers' boarding house) was completely taken down to the studs in 1991 for a major, historically compatible, seismic renovation by the current owner. Finished in 1994, a time period masterpiece had been created and has since been honored by the Oregon Historic Commission. Modern day amenities and systems, yet all of the character and style of a time long ago. Decorated with quality furnishings, art, and antiques, provide an elegant and comfortable ambiance. There are six spacious guest suites. Common areas include an inviting lobby entrance w/fireplace, a relaxing lounge area w/access to a lovely back courtyard patio and kitchen space. Four off-street parking spaces. E-1 Zoning does allow for a usage change to commercial/ residential, if one so desires to have an urban live and work space.
Location
State OR
County Jackson
Community Railroad Addition (Ashland)
Direction Heading SE on East Main turn left onto 2nd Street, right onto B Street
Rooms
Basement None
Interior
Interior Features Ceiling Fan(s), Tile Counters, Vaulted Ceiling(s)
Heating Forced Air, Natural Gas, Zoned
Cooling Central Air
Window Features Double Pane Windows,Skylight(s),Wood Frames
Exterior
Exterior Feature Courtyard
Parking Features Alley Access, Asphalt, Electric Vehicle Charging Station(s), No Garage
Roof Type Membrane
Building
Lot Description Fenced, Level
Entry Level Two
Foundation Brick/Mortar, Concrete Perimeter
Water Public
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 10064635
Security Features Carbon Monoxide Detector(s),Fire Sprinkler System,Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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