Building Details

Year built 1978

Listing Agency: Bluegrass Sotheby's International Realty Show Phone

Listed By: Marcus D Hammond · License #219704 Show Phone

Added: Dec 3, 2025 Changed: Sep 12 Last Checked: Sep 25 at 8:06AM

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MLS# 25507271

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Investment Insights

Based on property information with market context.

This shopping center at 1629 Ashland Road in Greenup, Kentucky, includes approximately 73,100 square feet of retail space across 9 acres. Built in 1978, the property has been maintained by its original owner and is occupied by long-term tenants. The site offers an established retail configuration with a recently resurfaced and striped parking lot, providing updated parking functionality for customers and occupants.

The property is located less than one mile from downtown Greenup and records traffic of more than 15,500 vehicles per day. Its position along Ashland Road places the center near the city center and supports convenient access for retail users. The combination of substantial land area, existing retail improvements, established tenancy, and recent parking lot work defines the property’s current commercial profile.

Key Highlights

• Approximately 73,100 square feet of retail space
• Approximately 9 acres of land
• Traffic count exceeds 15,500 vehicles per day

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Big Box & Wholesale Store Real Estate Agency Pharmacy Building Supply (Bike/Boat/Book/etc) Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

15,500 VPD

Traffic count

Location Intelligence

Trade Area within ½ mile

175

Businesses Nearby

62k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 74% Shops & Services 26%

McDonald's Dining

21,553 visits/mo 0.1 miles

Wendy's Dining

12,045 visits/mo 0.1 miles

Dollar General Shops & Services

10,481 visits/mo 0.1 miles

Arby's Dining

6,461 visits/mo 0.2 miles

Little Caesars Pizza Dining

3,719 visits/mo 0.0 miles

Demographics for 41144, KY

9,861

Population

3,951

Households

2.5

Avg Household Size

44

Median Age

14%

College-Educated

88%

High-School Grad

141.3 sq mi

ZIP Area

70

Density / Sq Mi

$57,782

Median Household Income

$36,273

Median Earnings

$843

Median Rent

$130,000

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this shopping centers located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Shopping center - Established retail center near downtown with a recently resurfaced and striped parking area.

Where is this shopping center located?

The property is located at 1629 Ashland Road Greenup, KY.

What is the asking price?

The asking price for this property is $3,975,000.

What are key features of this property?

This property features: Approximately 73,100 square feet of retail space; Approximately 9 acres of land; Traffic count exceeds 15,500 vehicles per day