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    1629 Ashland Rd Greenup, KY 41144

    For Sale
    $4,700,000

    COMMERCIAL - Greenup, KY

    Property size:
    73,100 SF
    Lot size:
    9.00 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 13 at 11:06 pm

    Property Features for 1629 Ashland Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    73,100 SF
    Lot size
    9.00 Acres

    Building Details

    Year built
    1978

    Bluegrass Sotheby's International Realty 2680099

    Listing agent Marcus D Hammond (859) 268-0099

    Listing date Dec 3, 2025

    Copyright © 2025 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Greenup, KY

    This well-maintained shopping center, situated on approximately 9 acres, offers over 73,000 square feet of retail space. The property is less than one mile from downtown Greenup, Kentucky, and benefits from high visibility with a traffic count exceeding 15,500 vehicles per day. Long-term, stable tenants provide consistent income. The parking lot has been recently resurfaced and striped, enhancing its appearance and functionality. This income-producing investment features reliable tenancy, recent improvements, generous acreage, and a highly accessible location near the city center.
    Location Intelligence

    Current Use by Public Records

    Shopping malls

    Suggested Use

    Restaurant Law Firm Spa & Massage Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Auto Parts Store Department Store Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Greenup
    County
    Greenup
    State
    Kentucky
    Longitude
    -82.824931
    Latitude
    38.567957

    Nearby Similar for Sale

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      412 Wurtland Ave, Greenup, KY 41144
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    FAQs

    What type of property is this?
    Shopping center - Well-maintained shopping center with stable tenants and high visibility.
    Where is this shopping center located?
    The property is located at 1629 Ashland Rd Greenup, KY.
    What is the asking price?
    The asking price for this property is $4,700,000.
    What are key features of this property?
    This property features: - Over 73,000 square feet of retail space; - Located less than one mile from downtown; - Consistent income from long-term, stable tenants
    (859) 268-0099
    Request Owner's contact information
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    Greenup, KY 41144
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1629 Ashland Rd Greenup, KY 41144
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