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Remodeled Building Suitable for Various Businesses
For Sale
$379,000

2048 Winchester Ave, Ashland, KY 41101

Remodeled building suitable for spa, retail, medical, rehab, or office.

Property Size6,000 SF
Lot Size0.90 Acres
Price / SF$63.17
Days on Market2556

Property Features for 2048 Winchester Ave

General Information

Standard status Active
Size 6,000 SF
Lot size 0.90 Acres
Listing Agency: RE/MAX Realty Connection, LLC
Listed By: Gary Donalson · License #74267
Source: Exprealty
Added: Aug 23, 2019 Changed: Aug 20 Last Checked: Aug 21 at 11:12AM

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 RE/MAX Realty Connection, LLC

Investment Insights

Based on property information with market context.

This remodeled two-story building, with approximately 6,000 square feet, is currently used as a spa and salon but could accommodate various businesses, including retail, medical facilities, rehab centers, or office space. The building was completely remodeled in 1995, including interior sheetrock and exterior siding. The roof was replaced in 2015, along with new windows, copper plumbing, and PVC drains. The electrical wiring has been updated with three 200 Amp service boxes. The property has four HVAC units providing gas heat and central air. The building retains the original hardwood floors from the old home. The property includes a one-bedroom efficiency apartment with two large rooms, a kitchen equipped with a refrigerator and stove, and a full bathroom. The current owner is offering training and transition assistance to the new owner. The property and business are family-owned. The current salon and spa offers services such as massages, manicures, pedicures, facials, hydrotherapy, waxing, and hair care. The salon's modern and open aesthetics appeal to both women and men, attracting an affluent clientele. Studio 21 Salon and Spa has been in business for over 28 years, offering salon and spa treatments.

Key Highlights

  • Established Tri‑State Area Business: Successful salon and spa operating for over 28 years with an affluent clientele.
  • Remodeled Building: Approximately 6,000 sqft, 2‑story building completely remodeled in 1995 with updated systems (roof, windows, plumbing, electrical, HVAC).
  • Versatile Space: Suitable for various businesses including retail, medical facilities, rehab, or office space.

Property Analytics

Current Use

Studio 21 Salon ... Hair Salon

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Garden Center Veterinary Clinic Computer & Electronic Repair Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,044
Businesses Nearby
Balanced
Demand for This Use

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

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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Similar Off Market Nearby

  • Ashland Women's Health - Bonnie Laudenbach, MD 841 29th St, Ashland, KY 41101
  • Crossroads Treatment Center of Ashland, KY 1220 Greenup Ave, Ashland, KY 41101

Frequently Asked Questions

What type of property is this?
Spa & wellness property - Remodeled building suitable for spa, retail, medical, rehab, or office.
Where is this spa & wellness property located?
The property is located at 2048 Winchester Ave Ashland, KY.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Established Tri‑State Area Business: Successful salon and spa operating for over 28 years with an affluent clientele.; Remodeled Building: Approximately 6,000 sqft, 2‑story building completely remodeled in 1995 with updated systems (roof, windows, plumbing, electrical, HVAC).; Versatile Space: Suitable for various businesses including retail, medical facilities, rehab, or office space.
More about this property
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