1500 Winchester Ave Ashland, KY 41101
Call to check price and availability
Downtown Ashland investment opportunity. High potential, partially renovated.
Property size:
28,500 SFProperty Features for 1500 Winchester Ave
General Information
- Property type
- Individual retail properties
- Square Feet
- 28,500 SF
Building Details
- Year Built
- 1932
- Stories
- 4
Listing Agency: Ross Realty Inc Listing Agent: Melissa Adkins
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional mixed-use property, located at 1500 Winchester Avenue in Ashland, Kentucky, presents a unique investment opportunity. Boasting 28,500 square feet across four stories, this 1932 building offers a blend of commercial and residential space. The asking price is $1,600,000, translating to $56.14 per square foot. The property is currently undergoing renovation, with floors two through four partially completed. These floors feature seven residential units: three two-bedroom units and one one-bedroom unit on each floor. A rooftop area provides potential for a deck or social space. The main floor and mezzanine have been prepped for development, offering considerable flexibility for future tenants or owners. Existing plans are available, or the space can be customized to individual needs. Many materials needed to complete the renovation are already on-site. The building's prime downtown Ashland location offers easy access to local amenities. The estimated occupancy date is February 23, 2024. This property combines gorgeous architecture with significant upside potential, making it an attractive investment for owner-users seeking a unique and versatile space. The building's character and charm are undeniable, and the partially completed state allows for customization and immediate value-add opportunities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Residential income homes
Location Insight
- Map
- Local Demand
- City
- Ashland
- County
- Boyd
- State
- Kentucky
- Longitude
- -82.640537265627
- Latitude
- 38.479170736298
Nearby Similar for Sale
FAQs
What type of property is this?
Individual retail property - Downtown Ashland investment opportunity. High potential, partially renovated.
Where is this individual retail property located?
The property is located at 1500 Winchester Ave Ashland, KY.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Mixed-use building, 28,500 SF, four stories, located at 1500 Winchester Ave, Ashland, KY.; Asking price: $1,600,000 ($56.14/SF).; Under renovation; floors 2-4 partially complete with seven residential units (three 2BR, one 1BR per floor).
