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Mixed-Use Land for Sale in Ashland, Oregon

165 Water St, Ashland, OR 97520

$4,000,000
1.18 acres
Active sale
ago
Est $27,612/mo

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.

Location

Street address
165 Water St
Zip code
97520
Elevation
1,850 feet
Coordinates
42.2009, -122.7144

Directions

Corner of Van Ness and Water St and also fronting Helman.

Property details

Acreage
1.18 acres51,401 sq ft
Zoning
E-1/C-1
MLS #
ODS 220222181
Posted

Property taxes

2025
$7,760

Parcels

  • 10049860

Details and features

Listing

Type
Commercial Sale

Lot

View
City, Territorial
Features
Corner Lot, Level

Exterior

Fencing
Perimeter

Structure

Water
Public
Sewer
Public Sewer

Nearby schools

NameType
Ashland MiddleMiddle
Ashland HighHigh

Listing history

DateEventPriceChangeSource
May 28, 2026New listing$4,000,000ODS
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This 1.18-acre property is located at 165 Water St in Ashland, OR 97520. The property is available for sale for $4,000,000 with a price per acre of $3,389,831.

Listed by Millen Property Group, (541) 301-3435

Checked 2 hours agoUpdated Source

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