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South Ashland Brick Building
For Sale
$259,000

2222 29th St, Ashland, KY 41101

6000+ sq ft brick building in the heart of Ashland.

Property Size6,000 SF
Price / SF$43.17
Days on Market1544

Property Features for 2222 29th St

General Information

Standard status Active
Size 6,000 SF
Listing Agency: RE/MAX Realty Connection, LLC
Listed By: Gary Donalson · License #74267
Source: Exprealty
Added: Jun 1, 2022 Changed: Aug 20 Last Checked: Aug 21 at 10:15AM

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 RE/MAX Realty Connection, LLC

Investment Insights

Based on property information with market context.

This 6000+ sq ft brick building is located in the heart of South Ashland. Formerly the office for Dr. Max Wheeler and five physicians, the front waiting and office areas have been updated with newer carpet and paint. The building features three HVAC units (two are new), a newer 80-gallon hot water tank, and newer plumbing and water lines. The roof was replaced in 2015. There are five half baths throughout the building and a partial kitchen area in the middle of the exam area. The property includes 22 exam rooms and several office spaces that could be renovated or cleared. A large parking area has been recently sealed and provides easy access. The property could be renovated for multi-use such as a restaurant or office facility.

Key Highlights

  • Priced below appraisal value.
  • Large 6000+ sq ft brick building suitable for various business ventures.
  • Recently sealed large parking area with easy access.

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Dental Office Restaurant Big Box & Wholesale 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.

Location Intelligence

Trade Area within ½ mile

165
Businesses Nearby
Under-served
Demand for This Use

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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - 6000+ sq ft brick building in the heart of Ashland.
Where is this medical office space located?
The property is located at 2222 29th St Ashland, KY.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Priced below appraisal value.; Large 6000+ sq ft brick building suitable for various business ventures.; Recently sealed large parking area with easy access.
More about this property
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