Search
121 16th St, Ashland, KY, 41101
Downtown Ashland Investment Opportunity

121 16th St Ashland, KY 41101

For Sale
$869,900

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

Lot Size0.95 Acres
Days on Market743

Property Features for 121 16th St

General Information

Standard status Active
Lot size 0.95 Acres
Listing Agency: Memmer Realty
Listed By: Paul Castle · License #272145
Source: Exprealty
Added: Jul 15, 2024 Changed: Jul 6 Last Checked: Jul 26 at 10:55PM

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 Memmer Realty

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Property Profile Location Intelligence

Current Use

Correct Construction Inc Construction Company Thrive Ministries Church Brittany Hall Beauty Cosmetic Store Sculpt The Collective Spa & Massage Center Heather Lynn Photography (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick HVAC Service Garden Center (Bike/Boat/Book/etc) Store Home Appliance Store Pet Grooming Service Florist

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

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.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message