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Downtown Office Suite with Shared Baths
For Lease
$650/Mo

116 N Railroad Avenue, Ashland, VA 23005

COMMERCIAL - Ashland, VA

Property Size560 SF
Days on Market127

Property Features for 116 N Railroad Avenue

General Information

Property type Commercial Lease
Property subtype Other
Zoning description B-1
Lot features Level
Subdivision 36 - Hanover
Standard status Active
APN 7870-71-3836

Taxes and HOA fees

Tax Description 100 BLK NORTH RAILROAD AVENUE
Legal Description 100 BLK NORTH RAILROAD AVENUE

Utilities

Sewer type Public Sewer
Heating system Other (Heating)
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1950
Floors in Building 1
Building materials Block
Roof type Flat
Listing Agency: Gilman & Bateman
Listed By: Chris Gilman · License #0225149530
Added: Mar 28 Changed: Jul 27 Last Checked: Aug 1 at 1:06PM
MLS# 2611178

Copyright © 2026 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 560 sq ft office suite is available for lease and is set up for day-to-day business use. Shared bathrooms are located in the center hall. The rent includes heat and air, water, sewer, electric, and shared dumpster trash pickup.

The suite is located at 116 N Railroad Avenue in downtown Ashland and is described as being right along the railroad tracks. The surrounding area is characterized by local shops and restaurants.

For tenants seeking a straightforward, utility-inclusive office arrangement with shared restroom access, this suite offers a practical layout within a downtown setting.

Key Highlights

  • Prime downtown Ashland location, surrounded by shops and restaurants.
  • Rent includes all utilities: heat, air, water, sewer, and electric.
  • 560 sq ft office suite suitable for establishing a business.**

Property Analytics

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 Big Box & Wholesale Store Furniture & Home Goods HVAC Service Kitchen & Bath Showroom

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

NNN (Triple Net)
Lease Type
$2.09 /SF/Yr
CAM

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

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 - Office suite includes heat and air, water, sewer, electric, and shared trash pickup, with shared bathrooms in the center hall.
Where is this office units located?
The property is located at 116 N Railroad Avenue Ashland, VA.
What is the lease rate?
The lease rate is $650 /Mo.
What are key features of this property?
This property features: Prime downtown Ashland location, surrounded by shops and restaurants.; Rent includes all utilities: heat, air, water, sewer, and electric.; 560 sq ft office suite suitable for establishing a business.**
More about this property
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