Office Suite with Conference
For Lease
$850/Mo
131 16th Street, Ashland, KY 41101
An office suite with built-in reception, conference room, and private offices, with off-street parking and utilities included.
Space SizeContact for details
Days on Market49
Property Features for 131 16th Street
General Information
Standard status
Active
Property subtype
Commercial/Industrial
Listing Agency:
Ross Real Estate Services
(606) 831-7030
Listed By:
Alison Christie
(606) 831-7030
Source:
Alisonchristie.idxbroker
Added: Jul 4
Changed: Aug 10
Last Checked: Aug 20 at 4:03AM
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 suite is approximately 1,350 square feet and is laid out for a client-facing workflow. The space includes a built-in reception desk, a large conference room, three offices, and a bath with a utility area. The suite is available and will require some work, with the landlord willing to customize certain finishing elements to align with a tenant’s preferences.
Access is supported by off-street parking available for occupants and visitors. Utilities are included in the monthly lease price, reducing the need to manage separate utility billing and helping simplify operating costs.
The configuration suits professional services that need both meeting space and individual offices, such as administrative teams, consulting, or client-based operations. With the option for finish customization and utilities included, this suite offers a practical starting point for tenants planning renovations or tailored office build-outs.
Access is supported by off-street parking available for occupants and visitors. Utilities are included in the monthly lease price, reducing the need to manage separate utility billing and helping simplify operating costs.
The configuration suits professional services that need both meeting space and individual offices, such as administrative teams, consulting, or client-based operations. With the option for finish customization and utilities included, this suite offers a practical starting point for tenants planning renovations or tailored office build-outs.
Key Highlights
- Office suite is approx. 1,350 SF with built‑in reception desk and a large conference room
- Includes 3 offices, a bath, and a utility area
- Off‑street parking available
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.13 /SF/Yr
CAM
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
Lease Benchmarks for Ashland, KY
$10.98 /SF/Yr
Avg Asking Price
$7.56–$17 /SF/Yr
Price Range
2,507 SF
Avg Space Size
This space is priced 31% below the average of $10.98 /SF/Yr.
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - An office suite with built-in reception, conference room, and private offices, with off-street parking and utilities included.
Where is this office units located?
The property is located at 131 16th Street Ashland, KY.
What is the lease rate?
The lease rate is $850/Mo.
What are key features of this property?
This property features: Office suite is approx. 1,350 SF with built‑in reception desk and a large conference room; Includes 3 offices, a bath, and a utility area; Off‑street parking available
