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165 Water Street, Ashland, OR 97520

$4,000,000

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Property Description

A landmark downtown Ashland land offering. Just one block from Ashlands 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.

165 Water Street | MLS# 220222181

This land located at 165 Water Street, Ashland, OR 97520 is currently listed for sale with an asking price of $4,000,000. The property has approximately 1.18 Acres. Search Ashland real estate on lesleysnider.bendpremierrealestate.com today.

Property Features

Property Type: Land - Commercial
Lot Size: 1.18 Acres
Taxes: $7,760

Feature Descriptions

Sewer: Public Sewer
Special View Info: City, Mountain(s), Neighborhood, Territorial

Local Schools

High School: Ashland
Middle School: Ashland

Listed By / Shown By

Listed By

Agency Name: Millen Property Group

Shown By

Agent Name: Lesley Snider, Broker
Agent Phone: (503) 592-4323
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 22,039.51 per month $20,226.18 Principal & Interest $646.67 Property Tax $1,166.67 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/27/2026. The listing information on this page last changed on 05/27/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 05/27/2026 1:18:47 PM EST) or RMLS (last updated Wed 05/27/2026 10:35:38 AM EST) or COAR/MLSCO (last updated Wed 05/27/2026 1:12:11 PM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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