Mixed-Use Property with Rental
New
For Sale
$429,000
1340 US Route 60, Ashland, KY 41102
Three-building property with paved parking, recent improvements, and flexible existing residential and commercial conversion potential.
Property Size5,053 SF
Price / SF$84.90
Days on Market2
Property Features for 1340 US Route 60
General Information
Standard status
Active
Size
5,053 SF
Property subtype
Commercial/Industrial
Additional Details
Highway Access
Yes
Building Details
Buildings
3
Listing Agency:
Ross Real Estate Services
Listed By:
Alison Christie
(606) 831-7030
Source:
Alisonchristie.idxbroker
Added: Sep 1
Last Checked: Sep 1 at 9:17PM
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 mixed-use property includes three separate structures totaling approximately 5,053 square feet and was most recently used as four residential rental units. The principal building contains approximately 3,517 square feet and was originally built and operated as a bank before being converted into two residential units. A new roof and HVAC system are among the recent improvements. Two detached buildings, each approximately 768 square feet, were constructed in 2021 and currently contain two-bedroom, one-bath residences.
The property is located at 1340 US Route 60 in Ashland, Kentucky, within Boyd County. Camp Landing Entertainment District, Sandy’s Gaming, Sandy Ridge Horse Track, and additional development sites are approximately 1 mile away. Interstate 64 is approximately 3 miles from the property. Paved parking is available on-site, with additional space identified for expansion. No zoning is stated for the property, supporting continued residential use, commercial conversion, retail, professional office use, or redevelopment as described in the property information.
The property is located at 1340 US Route 60 in Ashland, Kentucky, within Boyd County. Camp Landing Entertainment District, Sandy’s Gaming, Sandy Ridge Horse Track, and additional development sites are approximately 1 mile away. Interstate 64 is approximately 3 miles from the property. Paved parking is available on-site, with additional space identified for expansion. No zoning is stated for the property, supporting continued residential use, commercial conversion, retail, professional office use, or redevelopment as described in the property information.
Key Highlights
- Three structures total approximately 5,053 square feet
- Most recently configured as four residential rental units
- Main building contains approximately 3,517 square feet
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
127
Businesses Nearby
Explore this area
Business Placement
Demographics for 41102, KY
21,101
Population
8,780
Households
2.4
Avg Household Size
44
Median Age
20%
College-Educated
88%
High-School Grad
49.8 sq mi
ZIP Area
424
Density / Sq Mi
$68,110
Median Household Income
$41,279
Median Earnings
$790
Median Rent
$152,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-building property with paved parking, recent improvements, and flexible existing residential and commercial conversion potential.
Where is this mixed-use property located?
The property is located at 1340 US Route 60 Ashland, KY.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Three structures total approximately 5,053 square feet; Most recently configured as four residential rental units; Main building contains approximately 3,517 square feet
