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    701 Winchester Ave Ashland, KY 41101

    Sponsored
    For Sale
    $395,000

    Prime Office Space, 2675 SF, High Visibility

    Property size:
    2,675 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,675 square foot office building is ideally situated in a high-traffic area near Ashland Town Center, at the convergence of Greenup Avenue and Winchester Avenue in Ashland, Kentucky. Boasting high visibility and zoned B2, this property presents numerous possibilities. Currently configured as a single office facility, it's easily adaptable into smaller suites. Multiple entrances and separate HVAC systems facilitate this division. The first floor encompasses approximately 1405 square feet, complemented by approximately 1270 square feet on the second floor. Four bathrooms are included, one with a shower. Ample private parking is available. The building's versatility, prime location, and convenient features make it an attractive investment opportunity. Available for occupancy on October 14, 2024. Asking price is $395,000.

    Property Features for 701 Winchester Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,675 SF

    HighLights

    • $395,000 asking price for this 2,675 SF office building.
    • Located at 701 Winchester Ave, Ashland, KY 41101, in a high‑traffic area near Ashland Town Center.
    • B2 zoning allows for multiple uses.
    • Currently configured as a single office but easily divisible into smaller suites due to multiple entrances and separate HVAC systems.
    • Features approximately 1,405 SF on the first floor and 1,270 SF on the second floor, plus four bathrooms (one with a shower) and private parking.
    • Available October 14, 2024.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ashland
    County
    Boyd
    State
    Kentucky
    Longitude
    -82.64947941792
    Latitude
    38.484070796447

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    FAQs

    What type of property is this?
    Individual retail property - Prime Office Space, 2675 SF, High Visibility
    Where is this individual retail property located?
    The property is located at 701 Winchester Ave Ashland, KY.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: $395,000 asking price for this 2,675 SF office building.; Located at 701 Winchester Ave, Ashland, KY 41101, in a high-traffic area near Ashland Town Center.; B2 zoning allows for multiple uses.
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    Ashland, KY 41101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    701 Winchester Ave Ashland, KY 41101
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