Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1940
Sq.Footage
N/A
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.
Features & Amenities
Interior
-
Other Interior Features
Built-in Features, Ceiling Fan(s), Stone Counters, Wired for Data
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Central Air, ENERGY STAR Qualified Equipment, Other
-
Heating YN
YES
-
Heating
Ductless, Forced Air, Hot Water, Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Stone, Frame
-
Other Exterior Features
Garden
-
Parking
Concrete, Parking Lot
-
Pool
No
-
View
Mountain(s), City, Valley
Area & Lot
-
Lot Features
Garden, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
-
Lot Size(acres)
0.88
-
Property Type
Commercial Sale
Price
-
Sales Price
$3,400,000
-
Tax Amount
14921.0
-
Zoning
C-1, R-2
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Block, Concrete Perimeter, Slab
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Jackson
Elementary School
Middle School
High School
Listing Courtesy of Eric M Herron , Full Circle Real Estate
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Broker
Christy Symons Your - Central Oregon Realtor
Call Christy today to schedule a private showing.
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