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

1629 Ashland Road, Greenup, KY 41144

Commercial Sale, Greenup, KY

Property Size73,100 SF
Lot Size9.00 Acres
Price / SF$51.29
Days on Market329

Property Features for 1629 Ashland Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description HB Highway Business/Commercial
Subdivision Commercial
Directions From I-64 East, take the exit for US-23 North. Turn right onto Archery Street, then left onto Lils Way. Continue and turn right onto Ashland Road. The property will be located on the right.
Standard status Active
Size 73,100 SF
Lot size 9.00 Acres

Building Details

Year built 1978
Listing Agency: Bluegrass Sotheby's International Realty
Listed By: Marcus D Hammond
Added: Dec 3, 2025 Changed: Oct 27 Last Checked: Oct 28 at 8:06AM
MLS# 25507271

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

The shopping center contains 73,100 square feet of retail space across an approximately 9+/- acre site. Multiple long-term tenants are in place, and the parking lot has been resurfaced and restriped. Constructed in 1978, the property is being offered by its original owner.

At 1629 Ashland Road, the center is less than one mile from downtown Greenup. The location records traffic of 15,500+ vehicles per day.

Key Highlights

  • 73,100 square feet of retail space
  • Approximately 9+/- acres
  • Traffic count of 15,500+ vehicles per day

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

175
Businesses Nearby
62k
Monthly Visits Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Multiple long-term tenants occupy the center, with a recently refreshed and striped parking area serving the property.
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; Traffic count of 15,500+ vehicles per day
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