Railroad District location with flexible E-1 zoning for commercial/mixed use and live/work. Falcon Heights Lot #3 at 469 Russell Street is fully developed with sewer taps, water meters, transformers and other utilities as well as parking lot, storm water detention, landscaping, parking lights...seller estimates that well over $100k on site improvements is already done. This is well designed mixed-use development, with amazing views. Very close to downtown, the Ashland Co-op, coffee shops, restaurants and other neighbor commercial services. Permitted uses include professional, medical, retail, light manufacturing, residential on second floor, live/work, and hotel/motel/travel accommodations (with Conditional Use Permit). Falcon Heights, is within an Enterprise zone. Check with the City of Ashland for more information about tax credits.