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Office Suite with Included Utilities
For Lease
$650/Mo

116 N Railroad Avenue, Ashland, VA 23005

CommercialLease, Ashland, VA

Space Size560 SF
Days on Market157

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

Amenities

shared dumpster trash pickup
shared bathrooms

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: Aug 20 Last Checked: Aug 31 at 1:06AM
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-square-foot office suite is located in a block building constructed in 1950, with a flat roof, public water, and public sewer. Heating is listed as other, and cooling is provided by a window unit. Shared restrooms are positioned in the center hall.

Building utility service includes heat and air, water, sewer, electric, and shared dumpster trash pickup. The property sits along the railroad tracks in downtown Ashland, surrounded by local shops and restaurants.

Key Highlights

  • 560‑square‑foot office suite
  • Heat and air, water, sewer, and electric included
  • Shared dumpster trash pickup

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

Yes
Utilities to site
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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space includes building utilities, shared restrooms, and centralized dumpster service.
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: 560‑square‑foot office suite; Heat and air, water, sewer, and electric included; Shared dumpster trash pickup
More about this property
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