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$3,400,000
1065 Siskiyou Blvd, Ashland, OR 97520
0 Beds
0 Baths
n/a sqft

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Rare opportunity to acquire a beloved piece of Ashland. The Palm is being offered for this 1st time in over 20 years as the owners have spent this time modernizing this refreshing oasis in the heart of Ashland. Located across the boulevard from Southern Oregon University and near the center of town, you would never know this bustling area exists outside of the walls of this spa-like setting. Guest choose this property for its award-winning gardens, heated saltwater pool, water features, fire pits, towering Palm trees and modern amenities. With room to expand, opportunities to provide more offerings, this property is prime to grow or maintain it's 10% CAP rate. The owners are looking to pass on this legacy after 40 years of operating properties in the hospitality industry. The Palm continues to be successful even through a pandemic. Position yourself well by taking this great opportunity to own a thriving hotel property, providing unique experiences to their guests.
  • Price:
  • $3,400,000
  • Acreage:
  • 0.88
  • Year Built:
  • 1940
  • Listing ID #:
  • 220116297
  • Street Address:
  • 1065 Siskiyou Blvd
  • City:
  • Ashland
  • State:
  • Oregon
  • Postal Code:
  • 97520
  • County:
  • Jackson
  • Listing Status:
  • Pending
  • Listing Type:
  • Commercial
  • Building Security:
  • Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Description:
  • Frame
  • Flooring:
  • Hardwood, Laminate, Stone, Tile
  • Foundation:
  • Block, Concrete Perimeter, Slab
  • Interior Features:
  • Built-In Features, Ceiling Fan(s), Solid Surface Counters, Stone Counters, Wired For Data
  • Stories:
  • Multi/Split
  • Type Of Roof:
  • Asphalt
  • View:
  • City, Mountain(s), Valley
  • Year Built:
  • 1940
  • Conforms To Zoning:
  • C-1, R-2
  • Lot Features:
  • Fenced, Garden, Landscaped, Level, Smart Irrigation, Sprinkler Timer(s), Sprinklers In Front, Sprinklers In Rear, Water Feature
  • Lot Square Footage:
  • 38333.00
  • Section:
  • Not Applicable
  • Days On Market:
  • 61
  • Terms:
  • Cash, Conventional
  • Cross Street:
  • Palm
  • Street Type:
  • Boulevard
  • Property Taxes:
  • $14,921
  • Tax Year:
  • 2020
  • Parking Description:
  • Concrete, Parking Lot
  • Cooling System:
  • Central Air, Energy Star Qualified Equipment, Other
  • Existing Water:
  • Public
  • Heating:
  • Ductless, Forced Air, Hot Water, Natural Gas
  • Sewage Type:
  • Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By: Eric M Herron of Full Circle Real Estate
  • ORDATASHARE

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