Skip To Content

175 E California Street

Jacksonville, OR 97530
  • $2,500,000
  • STATUS: Active
  • ON SITE: 89 Days
  • MLS #: 220177487
UPDATED: 96 min ago
$2,500,000
  • 0
    BEDS
  • 0.41
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,078
    SQFT
  • $275
    $/SQFT
Type:
Commercial
Built:
1863
County:
Area:

School Ratings & Info

Listing provided courtesy of RE/MAX Platinum :.

Description

The iconic Jacksonville Inn is For Sale! This 8-room Luxury Boutique Hotel includes The Restaurant, a region favorite dining establishment. In the retail space is real estate firm Sotheby's International, and the expanded Wine Lounge. The Inn has just finished a complete remodeling of all 8 rooms with all new fixtures and design. This investment allows the owner to stand back with pride of ownership having three tenants under 4 and 5-year leases, and the Inn professionally managed by an experienced team. Excellent investment at a 7.8% capitalization rate. Tour requires previous submittal of available funds. The owners are licensed real estate brokers in Oregon.

Monthly Payment Calculator

Central Oregon Association of Realtors logo © 2024 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Team Birtola High Desert Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Team Birtola High Desert Realty. Data last updated: .2024-05-23T21:47:19.117
www.bendoregonrealestate.com/homes/147904201
Print Image

175 E California Street Jacksonville, OR 97530

  • Price: $2,500,000
  • Status: Active
  • On Site: 89 Days
  • Updated: 96 min ago
  • MLS #: 220177487
0
Beds
0
Baths
0
½ Baths
0.41
Acres
9,078
SQFT
$275
$/SQFT
1863
Built
County:
Jackson
Area:
Jacksonville
Property Description
The iconic Jacksonville Inn is For Sale! This 8-room Luxury Boutique Hotel includes The Restaurant, a region favorite dining establishment. In the retail space is real estate firm Sotheby's International, and the expanded Wine Lounge. The Inn has just finished a complete remodeling of all 8 rooms with all new fixtures and design. This investment allows the owner to stand back with pride of ownership having three tenants under 4 and 5-year leases, and the Inn professionally managed by an experienced team. Excellent investment at a 7.8% capitalization rate. Tour requires previous submittal of available funds. The owners are licensed real estate brokers in Oregon.
Exterior Features

Construction Materials BrickConcreteFrame Exterior Features CourtyardPatio Foundation Details Other Levels Multi/Split Lot Features Level Parking Details Numberof Parking Spaces 25 Parking Details Parking Yes Parking Features AsphaltAttachedDrivewayParking Lot Roof CompositionMembrane

Interior Features

Additional Features KitchenLiving Area in Building Basement Finished Cooling Central AirDuctless Flooring CarpetConcreteHardwoodLaminateOther Heating DuctlessForced Air Security Features Fire Sprinkler System Unit1 Square Footage 1100.00 Unit2 Square Footage 1350.00

Property Features

Additional Parcels YN Yes Business Type Bar/Tavern/LoungeHospitalityRestaurantRetail CCAnd Rs YN Yes Existing Lease Type Gross FIRPTAYN No Flood Unknown Government Overlay Enterprise Zone Incomeand Expenses Annual Amounts Cap Rate Basi Current Incomeand Expenses Annual Amounts Cap Rate Perc 7.80 Incomeand Expenses Annual Amounts Net Operatin 232621.00 Listing Terms CashConventional Miscellaneous Information Zoning Overlay New Construction YN No Owner Pays Exterior MaintenanceInsuranceRepairsSewerTaxes Power Production None Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 23359.54 Tax Year 2023 Tenant Pays Common Area MaintenanceElectricityGasInterior MaintenanceJanitorial ServiceRepairsSewerWater Unit1 Tenant Name Sotheby's Unit1 Unit Number 1 Unit2 Tenant Name Wine Lounge Unit2 Unit Number 2 Unit3 Tenant Name The Restaurant Unit3 Unit Number 3 View City Zoning HC

Listing information © 2024 MLS of Central Oregon
Listing provided courtesy of RE/MAX Platinum :.

Central Oregon Association of Realtors logo © 2024 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Team Birtola High Desert Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Team Birtola High Desert Realty. Data last updated: .2024-05-23T21:47:19.117
 
https://bt-photos.global.ssl.fastly.net/coar/1280_boomver_1_220177487-2.jpg https://bt-photos.global.ssl.fastly.net/coar/1280_boomver_1_220177487-2.jpg https://bt-photos.global.ssl.fastly.net/coar/1280_boomver_1_220177487-2.jpg
Logo
Team Birtola High Desert Realty
101 NE Greenwood Ave Suite 100
Bend OR, 97701
Listing provided courtesy of RE/MAX Platinum :.