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High-Traffic Office Building For Sale
For Sale
$295,000

701 Winchester Ave, Ashland, KY 41101

Office building in high-traffic location near Ashland Town Center.

Property Size1,405 SF
Lot Size0.23 Acres
Price / SF$209.96
Days on Market679

Property Features for 701 Winchester Ave

General Information

Standard status Active
Size 1,405 SF
Lot size 0.23 Acres
Listing Agency: Ross Real Estate Services
Listed By: Missi Adkins
Source: Exprealty
Added: Oct 12, 2024 Changed: Aug 20 Last Checked: Aug 20 at 1:50PM

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 Ross Real Estate Services

Investment Insights

Based on property information with market context.

This office building is situated in a high-traffic location near Ashland Town Center, offering high visibility at the intersection of Greenup Avenue and Winchester Avenue. Zoned B2, the property presents multiple possibilities for use. Currently configured as one office facility, it could be converted into smaller suites due to the presence of multiple entrances and separate HVAC systems, facilitating easy division. The first floor provides approximately 1405 square feet of space, while the second floor offers approximately 1270 square feet. The building includes four bathrooms, one of which has a shower, and private parking is available.

Key Highlights

  • High‑traffic location near Ashland Town Center with excellent visibility.
  • Zoned B2, offering a wide range of business possibilities.
  • Easily convertible to smaller suites due to multiple entrances and separate HVAC systems.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick HVAC Service Storage Facility (Bike/Boat/Book/etc) Store Garden Center Locksmith Catering Service

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

1,325
Businesses Nearby

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office building in high-traffic location near Ashland Town Center.
Where is this office building located?
The property is located at 701 Winchester Ave Ashland, KY.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: High‑traffic location near Ashland Town Center with excellent visibility.; Zoned B2, offering a wide range of business possibilities.; Easily convertible to smaller suites due to multiple entrances and separate HVAC systems.
More about this property
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