$4,950,000

Ashland Creek Inn is one of Oregon's premier luxury Inns. Located on a .63 acre lot in the heart of Ashland Oregon's downtown, along side Ashland Creek. Built in 1880's, a 6-year remodel brought the hotel up to modern luxury with exquisite attention to detail. Sean Downey did all major work. 10 private suites with common areas and commercial kitchen. All of our suites are very large; most have full living rooms, all with bedrooms, baths, kitchens or kitchenettes, and private decks. They are all uniquely laid out and furnished. The rooms are filled with art and antiques from the region they represent. The Inn has an excellent reputation and very strong repeat business year after year. Average room rates exceed $400/night. Profits are in excess of $300k per year after adjustments. The valuation is based on an average of 2019 and 2022. Commercial zoning means that owner occupancy is not required. Additional options for building are possible. Buyer to do own due diligence.