165 Water Street, Ashland, OR 97520

Ashland
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
165 Water Street,Ashland, OR 97520
$4,000,000
  • 1.18 Acres
  • Lots / Land
  • Active
Listed by: patricia millen
Office: millen property group
MLS#:220222181
Source:OR_SOMLS

Price summary

  • Price:$4,000,000

About this home

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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Home facts

  • Listing ID #:220222181
  • Added:46 day(s) ago
  • Updated:July 11, 2026 at 06:34 PM

Structure and exterior

  • Lot area:1.18 Acres
  • Lot Features:Corner Lot, Level

Schools

  • High school:Ashland High
  • Middle school:Ashland Middle
  • Elementary school:Check with District

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,000,000
  • Tax amount:$7,760 (2025)

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