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High-Traffic Office Building For Sale
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701 Winchester Ave, Ashland, KY 41101

Office building in high-traffic location near Ashland Town Center.

Property Size2,675 SF
Price / SF$110.28
Days on Market692

Property Features for 701 Winchester Ave

General Information

Standard status Active
Size 2,675 SF
Property subtype Office, Retail
Zoning B2
Listing Agency: Ross Realty Inc
Listed By: Melissa Adkins · License #KY 184387
Source: Crexi
Added: Oct 14, 2024 Changed: Aug 26 Last Checked: Sep 2 at 7:12PM

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 Ross Realty Inc

Investment Insights

Based on property information with market context.

This office building is located in a high-traffic area near Ashland Town Center, offering high visibility at the intersection of Greenup Avenue and Winchester Avenue. The property is zoned B2, allowing for various possibilities. Currently used as one office facility, the building could be converted into smaller suites due to multiple entrances and separate HVAC systems. The first floor provides approximately 1405 square feet of space, while the second floor offers approximately 1270 square feet. The building includes 4 bathrooms, one of which has a shower, and private parking. The property has a total size of 2675 square feet.

Key Highlights

  • High traffic location near Ashland Town Center with high visibility.
  • Zoned B2 offering many possibilities.
  • Potential for conversion to smaller suites due to multiple entrances and separate HVAC systems.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick HVAC Service Storage Facility (Bike/Boat/Book/etc) Store Garden Center Locksmith Catering Service

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

1,325
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Office building - Office building in high-traffic location near Ashland Town Center.
Where is this office building located?
The property is located at 701 Winchester Ave Ashland, KY.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: High traffic location near Ashland Town Center with high visibility.; Zoned B2 offering many possibilities.; Potential for conversion to smaller suites due to multiple entrances and separate HVAC systems.
(606) 329-1013 Call to check price and availability
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