James & Angie Smith

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Listing provided courtesy of Millen Property Group- MLS# 220222181MLS ProviderContact Information: 541-301-3435

165 Water StreetAshland, OR 97520

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

165 Water Street Overview

Time on Site:
33 days
Visits:
0

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 Street Facts & Features

  • Type Vacant Land
  • Lot 1.18 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • Elementary School: Check with District
  • Middle Or Junior School: Ashland Middle
  • High School: Ashland High

Business Information

  • Current Use: Vacant

Location/Region

  • County Or Parish: Jackson
  • Subdivision Name: N/A

Community/Development

  • Community Features: Pickleball,Gas Available,Park,Tennis Court(s)

Tax Information

  • Tax Annual Amount: 7760.34
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 10049860
  • Property Sub Type: Commercial
  • Property Type: Land
  • Senior Community: false
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Total: 0

Exterior

Lot Information

  • Additional Parcels Description: 160 Helman - Tax lot - 391E04CC - 2100 Acreage: 0.17 95 Van Ness - Tax lot - 391E04CC - 7100 Acreage: 0.13
  • Additional Parcels: true
  • Irrigation Source: None
  • Irrigation Water Rights: false
  • Lot Features: Corner Lot,Level
  • Lot Size Acres: 1.18
  • Lot Size Area: 1.18
  • Lot Size Square Feet: 51400.8
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • View: City,Mountain(s),Neighborhood,Territorial

General Information

  • Fencing: Perimeter
  • Horse: false
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Phone Available

165 Water Street 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.

165 Water Street Monthly Cost

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* 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 Street Market Data

Based on the last 30 days in this zip code

$938,876
Average List Price
$403
Average Price per Square Foot
46
Properties Sold
117
Average Days on Market
235
Properties for Sale
Calculations provided by Reliance Network

165 Water Street History

Date Event Value Agent
6/5/2026Source: Regional MLS Added to Database
June 05, 2026
5/27/2026Source: Oregon Datashare Added to Database
May 27, 2026