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About This Home
This 0-bedroom, 0-bathroom commercial at 165 Water Street in Ashland, OR is listed for $4,000,000. on a 1.18 acres lot.
A landmark downtown Ashland land offering. Just one block from Ashland's Plaza, this rare 1.18-acre commercial development site represents one of the last opportunities of its scale & prominence in the downtown corridor. Located within the Employment Zoning District, the property offers exceptional potential for hotel, conference center, mixed-use, luxury residential, retail, offices, or destination development.
Extensive prior approvals include architectural, engineering, landscaping, utility, and entitlement plans for an 8-building mixed-use project with ground-level commercial spaces and luxury residences above. Current approvals expire Summer 2026 and may be eligible for renewal.
With virtually no remaining undeveloped commercial land of this size in downtown Ashland, this offering combines exceptional visibility, strong street presence, & outstanding walkability to the Plaza, acclaimed restaurants, theaters, galleries, and Lithia Park. Rare scale. Rare location. Rare opportunity.
Key Features
- 1.18 acre lot
Amenities
Monthly Cost Estimate
$21,393/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
165 Water Street
Ashland, OR 97520
Property Details
Views
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 165 Water Street is listed at $4,000,000. The estimated monthly payment is $17,333 based on 20% down at 6.5% interest.
Key features include: 1.18 acre lot.
This property is listed by Patricia Millen and can be reached at 5413013435 or patie@ashlandoregon.com.


