542 A St - Restaurant FOR SALE


Ashland, OR 97520
$850,000 USD
541-944-9967
542 A St, Ashland, OR for Sale
$850,000 USD
Restaurant - FOR SALE
1/63
null | Request Cap Rate

542 A St
Ashland, OR 97520


HIGHLIGHTS

  • Turn-Key Restaurant Space in Railroad District in Ashland
  • Completely "To-The-Studs" Remodel
  • Plans for 2nd Story Residential Addition Included

OVERVIEW

Merit Commercial Real Estate is pleased to exclusively present 542 A Street, the former Missyoon restaurant building located in beautiful Ashland, Oregon. 542 A Street is an iconic property with a storied, 100+ year history and a variety of uses. For the past 15 years, the facility has successfully served as the home to both Coquina and Missyoon, local favorites operated by the same restaurateur. Now vacant - not due to business challenges - the property is a turn-key opportunity for the next owner. Phyiscally, 542 A Street is sited on a quieter, tree-lined, walkable street within the Railroad District in Ashland, and is well-known by locals as being a culinary oasis a few blocks away from the bustle of the Plaza. While originally built in the early 1900s, and is currently on the historical registry, both buildings were effectively rebuilt in ± 2001, and underwent a to-the-studs modern overhaul. The main building, fronting A Street, features large glass windows, french doors, and a dedicated blade sign. Inside, there is a fully-equipped bar, abundant seating, efficient and high-volume kitchen, as well as two ADA bathrooms, storage, point-of-sale booth, and sweeping wall space to help create your new space. The interior build-out is exceptional: hand-picked materials, custom tile installations, recycled glass bar top, and built-in merchandise shelving are a few highlights. The true star of the property is the private, exquisitely landscaped patio. The comfortable, intimate outdoor space features additional seating and abundant greenery, and could be a perfect year-round gathering space. The rear building serves as additional back-of-house space, and is built out as small prep kitchen or bakery with a hood, counter space, large sink, and abundant chilled and dry storage. 542 A Street is an exceptionally rare public offering of a truly turn-key space on an infill site in extremely desirable and #2 best small art town in the US - Ashland, Oregon. Buyer to complete all due diligence. FF&E not included in purchase price. Contact listing brokers for additional info.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$540 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

E-1

APN/PARCEL ID

10061863

ASK ABOUT THIS PROPERTY

Caspian HoehneMerit Commercial Real Estate LLCMore Info
541-944-9967

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Caspian HoehneMerit Commercial Real Estate LLCMore Info
541-944-9967

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.