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Downtown Ashland Mixed-Use Opportunity
For Sale
$995,000

1500 Winchester Avenue, Ashland, KY 41101

Partially completed mixed-use building in downtown Ashland.

Property Size28,500 SF
Price / SF$34.91
Days on Market151

Property Features for 1500 Winchester Avenue

General Information

Standard status Active
Size 28,500 SF
Property subtype Commercial/Industrial
Listing Agency: Ross Realty Inc
Listed By: Alison Christie · License #184387
Source: Alisonchristie.idxbroker
Added: Mar 26 Changed: Aug 23 Last Checked: Aug 21 at 10:01AM

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 Realty Inc

Investment Insights

Based on property information with market context.

Located in downtown Ashland, this mixed-use property offers convenient access to local amenities. The building, with approximately 28,400 square feet, presents significant potential, with some work already completed or in progress. Floors 2-4 are partially completed residential units, with each floor featuring three 2-bedroom units and one 1-bedroom unit. Rooftop access is available for a potential deck or social area. The main floor and mezzanine areas have undergone demolition work, providing opportunities for development. Plans are available, or the space can be finished according to individual ideas. Many of the materials needed for completion are on-site. The building showcases architecture, character, and charm, and is in progress.

Key Highlights

  • Prime downtown Ashland location, convenient to amenities.
  • Partially completed residential units on floors 2‑4 (3 two‑bedroom and 1 one‑bedroom per floor).
  • Rooftop access for potential deck/social area.

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Garden Center Storage Facility Furniture & Home Goods HVAC Service Electrical Service Gym & Fitness Center

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

1,982
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?
Mixed-use property - Partially completed mixed-use building in downtown Ashland.
Where is this mixed-use property located?
The property is located at 1500 Winchester Avenue Ashland, KY.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Prime downtown Ashland location, convenient to amenities.; Partially completed residential units on floors 2‑4 (3 two‑bedroom and 1 one‑bedroom per floor).; Rooftop access for potential deck/social area.
More about this property
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