$1,100,000
1/53 BD · 2 BA · 2,919 SF · 0.23 AC
164 5th Street
Ashland, OR 97520
#220229137 01 / 22
For sale
$1,100,000
OR-66
Ashland, OR 97520 · N/A
- Baths
- 0
- Acres
- 3.88
Est. $6,175/mo~225 min to downtown Bend (approx.)
Listing by Millen Property Group · 541-301-3435
MLS# 220203024 · Active
01
About this home
Great development opportunity at the first major I5 intersection as one arrives from California to Ashland, Oregon. This high-traffic corridor property is perfectly positioned for maximum exposure to tens of thousands of vehicles daily. Potential uses include hotel/lodging, retail, restaurant, or mixed-use development—subject to local zoning approvals. An annexation for the development of a hotel is supported by Economic Data provided in Ashland's Comprehensive Plan and within the economic data provided since last Ashland Comprehensive Plan update. Required for annexation is a zone change from RR-5 to C1. Data and information from City of Ashland should align & justify the development request and address the shortage of adequate retail/commercial in the City. Perfect site for hotel with restaurant and conference facilities or an array of other commercial facilities.
02
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03
Price history
493 days, no changes| Date | Event | Price |
|---|---|---|
| May 31, 2025 | Listed for sale | $1,100,000 |
From the MLS: original list price and latest price change. 493 days on market.
04
Drive times
~225 min to downtown Bend- Sunriver Village~204 min · 172.5 mi
- Mt. Bachelor~206 min · 173.9 mi
- Old Mill District~223 min · 189.6 mi
- Downtown Bend~225 min · 190.6 mi
- St. Charles Bend~227 min · 193.1 mi
- Sisters~239 min · 203.2 mi
- Redmond Airport (RDM)~248 min · 211.1 mi
- Smith Rock State Park~258 min · 220.4 mi
Approx. Straight-line distance × 1.3 for roads, at in-town and highway speeds. No traffic, snow, or Hwy 97 construction. Ask Cody about real commute times.
05
Facts & features
- Type
- Commercial
- Lot
- 3.88 AC · 169,013 SF
- HOA
- None reported
- Taxes
- $2,407/yr
- Subdivision
- N/A
- County
- Jackson
- Days on market
- 493
- MLS #
- 220203024
- View
- Mountain(s) · Territorial
- Community
- Gas Available
06
Location & schools
N/A42.1813° N · 122.6711° W
Directions- Elementary
- Check with District
- Middle
- Ashland Middle
- High
- Ashland High
Assignments come from the listing broker and boundaries change. Verify with the school district before you count on them.
07
Monthly payment
$6,175/mo$6,175/mo
$880,000 loan · 30 yr fixed · 6.5%
- Principal & interest
- $5,562
- Property tax (listing)
- $201
- Home insurance (est.)
- $413
20% · $220,000
6.500%
Loan term
Estimate only. Taxes use the listing's reported amount when there is one; insurance is approximated. A lender can give you an exact number.
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#220228353Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 10:30 AM.
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