Damonian Pike

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Listing provided courtesy of Millen Property Group- MLS# 794757614MLS Provider

165 WATER STAshland, OR 97520

Vacant Land · 1.18 Acres
$4,000,000 Active

165 WATER ST Overview

Time on Site:
24 days
Visits:
1

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.

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165 WATER ST Facts & Features

  • Type Vacant Land
  • Lot 1.18 Acres

Details

General

School Information

  • Elementary School: Helman
  • Middle Or Junior School: Ashland
  • High School: Ashland

Business Information

  • Current Use: Commercial

Location/Region

  • Country: US
  • County Or Parish: Jackson
  • MLS Area Major: 805 - Jackson Co: Ashland

Tax Information

  • Tax Annual Amount: 7760.34
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Call Listing Agent,Cash,Conventional
  • Parcel Number: 10049860
  • Property Sub Type: Mixed Use
  • Property Type: Land
  • Zoning: E-1/C-1

Interior

Exterior

Lot Information

  • Lot Features: Corner Lot,Public Road
  • Lot Size Acres: 1.18
  • Lot Size Square Feet: 51400.0
  • Number Of Lots: 3
  • Road Surface Type: Paved

General Information

  • Other Structures: Driveway,Workshop
  • Utilities: ElectricityConnected,PublicWater500FeetPlus,See Remarks,SewerConnected,WaterConnected

165 WATER ST Neighborhood

Community

97520 (Ashland) Demographics

47
Median Age
81
Population Density (per sq. mile)
65%
College Educated
$58,590
Estimated Median Income
7,005
Estimated Total Home Owners
4,712
Estimated Total Renters
60% / 40%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

165 WATER ST Market Data

Based on the last 30 days in this zip code

$937,265
Average List Price
$403
Average Price per Square Foot
0
Properties Sold
117
Average Days on Market
237
Properties for Sale
Calculations provided by Reliance Network

165 WATER ST History

Date Event Value Agent
6/5/2026Source: Regional MLS Added to Database
June 05, 2026