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Downtown Ashland Commercial Building For Sale
For Sale
$369,000

1241 Greenup Ave, Ashland, KY 41101

Four-story commercial building with multiple use possibilities in downtown Ashland.

Property Size22,500 SF
Price / SF$16.40
Days on Market756

Property Features for 1241 Greenup Ave

General Information

Standard status Active
Size 22,500 SF
Listing Agency: Ross Real Estate Services
Listed By: Alison Christie
Source: Exprealty
Added: Jul 15, 2024 Changed: Jul 6 Last Checked: Aug 8 at 7:55AM

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.

Located in downtown Ashland, this commercial building on Greenup Avenue offers 22,500 square feet across four floors, plus a basement. The building features multiple use possibilities and includes a commercial kitchen, loading dock, and an elevator. A bar constructed from hemlock wood is also present. The roof was replaced in 2021 and comes with a 30-year warranty, including a 7-year labor warranty. Windows have been updated with double pane safety glass. A 20-ton HVAC unit services the main and second floors. Ceiling heights vary, measuring 9 feet in the basement and reaching 16 to 18 feet on the fourth floor. The property includes a 25x142 lot for parking, with additional parking available on the other side of the building. The building is equipped with a sprinkler system. Micro brewing equipment is available for separate purchase.

Key Highlights

  • Prime downtown Ashland location on Greenup Avenue.
  • Substantial 22,500 sq. ft. building with multiple use possibilities.
  • New roof installed in 2021 with 30‑year warranty and 7‑year labor warranty.

Property Analytics

Current Use

Specialty properties

Suggested Use

Top Pick HVAC Service Storage Facility Locksmith (Bike/Boat/Book/etc) Store Garden Center 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Specialty property - Four-story commercial building with multiple use possibilities in downtown Ashland.
Where is this specialty property located?
The property is located at 1241 Greenup Ave Ashland, KY.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: Prime downtown Ashland location on Greenup Avenue.; Substantial 22,500 sq. ft. building with multiple use possibilities.; New roof installed in 2021 with 30‑year warranty and 7‑year labor warranty.
More about this property
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