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Shopping Center with Resurfaced Parking
For Sale
$3,749,000

1629 Ashland Road, Greenup, KY 41144

Retail space is occupied by long-term tenants, with HB Highway Business/Commercial zoning.

Property Size73,100 SF
Lot Size9.00 Acres
Price / SF$51.29
Days on Market337

Property Features for 1629 Ashland Road

General Information

Standard status Active
Size 73,100 SF
Lot size 9.00 Acres
Property subtype Commercial
Zoning HB Highway Business/Commercial

Additional Details

Traffic Count 15,500 vehicles/day
Tenant in Place Yes

Building Details

Building Size 73,100 SF
Year Built 1978
Tenancy Multi
Listing Agency: Bluegrass Sotheby's International Realty
Listed By: Marcus D Hammond · License #219704
Source: Bluegrasspropertiesgroup
Added: Dec 3, 2025 Changed: Nov 4 Last Checked: Nov 4 at 2:26AM

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 Bluegrass Sotheby's International Realty

Rey
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Investment Insights

Based on property information with market context.

Built in 1978, this shopping center contains 73,100 square feet of retail space across approximately 9± acres. Its parking lot has been resurfaced and restriped, and long-term tenants occupy the property. The original owner is offering the center for sale for the first time.

The property is less than one mile from downtown and records a traffic count of more than 15,500 vehicles per day. Zoning is HB Highway Business/Commercial.

Key Highlights

  • 73,100 square feet of retail space
  • Approximately 9± acres
  • HB Highway Business/Commercial zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

60
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Shopping center - Retail space is occupied by long-term tenants, with HB Highway Business/Commercial zoning.
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 $3,749,000.
What are key features of this property?
This property features: 73,100 square feet of retail space; Approximately 9± acres; HB Highway Business/Commercial zoning
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