121 16th St, Ashland, KY 41101

Listing agent Paul Castle License #272145

Listing office Memmer Realty Show Phone

Listing date Jul 15, 2024

Source Exprealty

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Overview

This property is located in the heart of the downtown Ashland Business District, one block from the Delta Hotel. Situated between 16th and 15th Street and between Greenup Ave and the floodwall, the property benefits from road access on all sides. The site measures approximately 290 feet by 142 feet. Currently, six tenants occupy the property, generating an annual income of $99,144. The property has undergone multiple updates and renovations in recent years, presenting an investment opportunity.

Suggested Use

Restaurant Real Estate Agency Building Supply Law Firm Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

Location Insight

• Map
• Local Demand

City

Ashland

County

Boyd

State

Kentucky

Longitude

-82.6385

Latitude

38.4803

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FAQs

What type of property is this?

Individual retail property - Income-producing property in downtown Ashland with six current tenants.

Where is this individual retail property located?

The property is located at 121 16th St Ashland, KY.

What is the asking price?

The asking price for this property is $869,900.

What are key features of this property?

This property features: Large income‑producing property generating $99,144 yearly from six current tenants.; Located in the heart of the downtown Ashland Business District.; Nearly a half block in size with road access all around.