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Versatile Flex Space on US Route 1
For Lease
$6,000/Mo

204 S Washington Hwy, Ashland, VA 23005

Leasing opportunity with partitioned office areas, restrooms, central air, cement floors, and ample customer and employee parking.

Space SizeContact for details
Property Size6,000 SF
Days on Market64

Property Features for 204 S Washington Hwy

General Information

Standard status Active
Size 6,000 SF
Property subtype Commercial
Zoning B-2

Site & Location

Highway Access Yes
Road Access Yes
Fenced Yard Yes

Additional Details

Office Units 5

Building Details

Building Size 6,000 SF
Year Built 1987
Stories 1
Listing Agency: Gilman&Bateman Inc.
Listed By: Chris Gilman · License #0225149530
Source: Elliman
Added: Jul 4 Changed: Aug 24 Last Checked: Sep 5 at 7:29AM

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 Gilman&Bateman Inc.

Investment Insights

Based on property information with market context.

Versatile commercial space available for lease with five partitioned office/work areas, two restrooms, cement floors, a gas furnace, and central air. The layout is supported by a flexible configuration intended to accommodate a range of business needs.

The property is located on US Route 1 frontage in the Town of Ashland and is zoned B-2. It offers ample parking for customers and employees, along with a large fenced rear parking and storage area.

The space is positioned for day-to-day operations with direct access to on-site parking and a functional rear fenced area for storage or overflow parking.

Key Highlights

  • Prime US Route 1 frontage in the Town of Ashland with convenient access to I‑95
  • Lease approximately 6,000 sq. ft. of versatile commercial space zoned B‑2
  • Flexible layout for retail, office, professional services, showroom, light commercial, and other business uses

Property Analytics

Current Use

Bidsmith Auctions Trade Show Venue

Suggested Use

Top Pick Building Supply Storage Facility Electrical Service HVAC Service Big Box & Wholesale Store Garden 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.

Lease Details

5
Office units
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

869
Businesses Nearby
Under-served
Demand for This Use

Demographics for 23005, VA

17,818
Population
7,639
Households
2.3
Avg Household Size
41
Median Age
41%
College-Educated
93%
High-School Grad
69.3 sq mi
ZIP Area
257
Density / Sq Mi
$90,049
Median Household Income
$43,623
Median Earnings
$1,236
Median Rent
$376,400
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Leasing opportunity with partitioned office areas, restrooms, central air, cement floors, and ample customer and employee parking.
Where is this flex space located?
The property is located at 204 S Washington Hwy Ashland, VA.
What is the lease rate?
The lease rate is $6,000/Mo.
What are key features of this property?
This property features: Prime US Route 1 frontage in the Town of Ashland with convenient access to I‑95; Lease approximately 6,000 sq. ft. of versatile commercial space zoned B‑2; Flexible layout for retail, office, professional services, showroom, light commercial, and other business uses
More about this property
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