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Office Suite with Shared Amenities
New
For Lease
$650/Mo

116 N Railroad Ave, Ashland, VA 23005

Downtown office space with building services and centrally located shared restrooms.

Space Size560 SF
Days on Market1

Property Features for 116 N Railroad Ave

General Information

Standard status Active
Size 560 SF
Net Rentable 560 SF

Space & Availability

Available Space 560 SF
Contiguous Space 560 SF
Space Use Office

Additional Details

Utilities to Site Yes

Amenities

shared bathrooms
shared dumpster trash pickup

Building Details

Year Built 1950
Listing Agency: Gilman & Bateman
Listed By: Chris Gilman · License #0225149530
Source: Riverfoxrealty
Added: Sep 12 Last Checked: Sep 12 at 2:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gilman & Bateman

Investment Insights

Based on property information with market context.

This 560 sq ft office suite is part of a 1950 building and includes heat and air, water, sewer, electric, and shared dumpster service within the rent. Shared bathrooms are positioned in the center hall for convenient access.

The property is located at 116 N Railroad Ave in downtown Ashland, VA, alongside the railroad tracks and near local shops and restaurants. The setting provides an established commercial environment for an office user seeking a central Ashland location.

Key Highlights

  • 560 sq ft office suite
  • Heat and air, water, sewer, and electric included in rent
  • Shared dumpster trash pickup included

Property Analytics

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Current Use

Dr Asif Sharif ... Dental Office Family Dental Group Dental Office John Smith Dental Office Commonwealth Music Therapy Tutoring Service Ashland Music Academy Vocational School

Suggested Use

Top Pick Building Supply Storage Facility Electrical Service Big Box & Wholesale Store Auto Parts Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

816
Businesses Nearby

Demographics for 23005, VA

17,818
Population
7,639
Households
2.3
Avg Household Size
41
Median Age
41%
College-Educated
93%
High-School Grad
69.3 sq mi
ZIP Area
257
Density / Sq Mi
$90,049
Median Household Income
$43,623
Median Earnings
$1,236
Median Rent
$376,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Downtown office space with building services and centrally located shared restrooms.
Where is this office units located?
The property is located at 116 N Railroad Ave Ashland, VA.
What is the lease rate?
The lease rate is $650/Mo.
What are key features of this property?
This property features: 560 sq ft office suite; Heat and air, water, sewer, and electric included in rent; Shared dumpster trash pickup included
More about this property
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