Downtown Ashland Investment
For Sale
$869,900
121 16th Street, Ashland, KY 41101
Income-producing property in downtown Ashland with six current tenants.
Property SizeContact for details
Lot Size0.95 Acres
Days on Market209
Property Features for 121 16th Street
General Information
Standard status
Active
Lot size
0.95 Acres
Property subtype
Commercial/Industrial
Listing Agency:
Memmer Realty
(606) 831-7030
Listed By:
Alison Christie · License #272145
(606) 831-7030
Source:
Alisonchristie.idxbroker
Added: Jan 26
Changed: Aug 23
Last Checked: Aug 22 at 12:50PM
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
Current Use
Location Intelligence
Trade Area within ½ mile
1,412
Businesses Nearby
Explore this area
Business Placement
Demographics for 41101, KY
18,559
Population
9,269
Households
2
Avg Household Size
41
Median Age
23%
College-Educated
90%
High-School Grad
10.3 sq mi
ZIP Area
1,802
Density / Sq Mi
$53,491
Median Household Income
$35,713
Median Earnings
$907
Median Rent
$120,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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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 Street 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.
