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340 A St

19,196 SF 100% Leased Office Building Ashland, OR 97520 $4,200,000 ($219/SF) 4.54% Cap Rate

Investment Highlights

  • Property spans one whole city block with nine commercial suites and 36-space parking lot
  • Vibrant commercial area of Ashland’s historic Railroad District
  • Thoroughly renovated 11,000 SqFt suite available for owner-occupant or new tenant with office space for 50+ employees in 2025
  • Beloved local businesses and longstanding commercial tenants

Executive Summary

Iconic community center in the heart of Ashland’s historic Railroad District with beloved local businesses and longstanding commercial tenants dating back to 1986. Property spans one whole city block with nine commercial suites and 36-space parking lot. Thoroughly renovated Suite 1 available for owner-occupant or new tenant in 2025 with 23 private offices, six semi-private open office areas, two administrative workstations, reception, lobby, flex space, conference room, climate-controlled server room, Cat-5 wiring, and fiber optic internet. Suites 2-8 leased to bakery and cafe, retail, recreational equipment sales, and professional services. Nine separate gas and electric meters; two water meters. Development potential in E-1 with residential overlay for three-story building(s) up to 40,000 additional square feet of mixed-use commercial and residential with underground parking. Inquire with agents to access financials, improvements, maintenance records, floor plans, and more!

Data Room Click Here to Access

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Telecom Hotel/Data Hosting
Building Size
19,196 SF
Building Class
B
Year Built/Renovated
1964/1997
Price
$4,200,000
Price Per SF
$219
Cap Rate
4.54%
NOI
$190,574
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,399 SF
Building FAR
0.52
Land Acres
0.84 AC
Zoning
E-1 - Commercial Zoning with Residential Overlay.
Parking
36 Spaces (1.88 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Atrium
  • Bus Line
  • Controlled Access
  • Conferencing Facility
  • Fitness Center
  • Food Service
  • Restaurant
  • Security System
  • Signage
  • Wheelchair Accessible
  • Kitchen
  • Reception
  • Storage Space
  • Central Heating
  • DDA Compliant
  • High Ceilings
  • Natural Light
  • Open-Plan
  • Partitioned Offices
  • Plug & Play
  • Secure Storage
  • Shower Facilities
  • Hardwood Floors
  • Monument Signage
  • Outdoor Seating
  • Air Conditioning
  • Balcony
  • Fiber Optic Internet
  • Smoke Detector

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 1
  • 11,000 SF
  • Office
  • Full Build-Out
  • Jan 2025

Updated and thoroughly maintained office suite for 50+ employees in an iconic community center of Ashland’s historic Railroad District. Currently configured as 23 private offices, six open office areas, two admin workstations, reception area, lobby, large flex space, conference room, break room, kitchenette, five bathrooms, storage room, climate-controlled server room, with Cat-5 wiring and fiber optic internet throughout. Four HVAC systems with industrial ducting, fire sprinkler system, built-in speakers, and upgraded LED lighting. Fully fenced private outdoor deck. Approximately $100k in tenant improvements since 2022 with new carpet, fresh interior paint, and reconfigured office spaces. Neighboring businesses include bakery and cafe, retail, recreational equipment sales, and professional services. Tenant pays gas, electric, and water; landlord is responsible for property taxes and insurance, repairs, exterior maintenance, common areas, garbage and recycling. Inquire for details!

Space Size Space Use Condition Available
1st Fl-Ste 1 11,000 SF Office Full Build-Out Jan 2025

1st Fl-Ste 1

Size
11,000 SF
Space Use
Office
Condition
Full Build-Out
Available
Jan 2025

1st Fl-Ste 1

Size 11,000 SF
Space Use Office
Condition Full Build-Out
Available Jan 2025

Updated and thoroughly maintained office suite for 50+ employees in an iconic community center of Ashland’s historic Railroad District. Currently configured as 23 private offices, six open office areas, two admin workstations, reception area, lobby, large flex space, conference room, break room, kitchenette, five bathrooms, storage room, climate-controlled server room, with Cat-5 wiring and fiber optic internet throughout. Four HVAC systems with industrial ducting, fire sprinkler system, built-in speakers, and upgraded LED lighting. Fully fenced private outdoor deck. Approximately $100k in tenant improvements since 2022 with new carpet, fresh interior paint, and reconfigured office spaces. Neighboring businesses include bakery and cafe, retail, recreational equipment sales, and professional services. Tenant pays gas, electric, and water; landlord is responsible for property taxes and insurance, repairs, exterior maintenance, common areas, garbage and recycling. Inquire for details!

Walk Score ®
Walker's Paradise (93)
Bike Score ®
Very Bikeable (83)
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.
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.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10064368
Land Assessment
$487,770 (2024)
Improvements Assessment
$806,180 (2024)
Total Assessment
$1,293,950 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
  • Listing ID: 33342201

  • Date on Market: 9/28/2024

  • Last Updated:

  • Address: 340 A St, Ashland, OR 97520

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