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Ashland Commercial Space for Lease
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236 16th St, Ashland, KY 41101

Two-story shell space in revitalized downtown Ashland, Kentucky.

Space Size2,100 SF
Property Size4,200 SF
Days on Market638

Property Features for 236 16th St

General Information

Standard status Active
Size 2,100 SF
Class A
Total Parking Spaces 25
Property subtype Retail, Office, Special Purpose

Building Details

Building Size 4,200 SF
Year Built 1920
Tenancy Single

Spaces For Lease

at 236 16th St Contact us

Available Space

Size
2,100 SF
Type
Office, Retail, Special Purpose
Lease Type
Net
Availability
Active
Contact us
Listing Agency: Memmer Realty
Listed By: Paul Castle · License #KY 272145
Source: Crexi
Added: Dec 3, 2024 Changed: Aug 14 Last Checked: Sep 1 at 6:18PM

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 Memmer Realty

Investment Insights

Based on property information with market context.

Located at 236 16th Street in Ashland, KY, this commercial space offers a unique opportunity in the heart of the revitalized downtown area. The historic building features two floors of shell space, each providing 2,100 square feet, ready for custom renovations. The location benefits from recent city investments, including modern roundabouts that have improved traffic flow, safety, and pedestrian access, enhancing walkability and shopper experience. The space is suitable for various business types, including retail, office, or restaurant use. The landlord is open to creative deal-making, offering potential incentives like free rent in exchange for renovation investments. This property presents an opportunity to establish a business in a vibrant and accessible downtown environment.

Key Highlights

  • Prime location in Ashland's revitalized downtown with improved traffic flow and pedestrian access due to new roundabouts.
  • Two floors of shell space (2,100 sq. ft. per floor) ready for custom renovations to suit various business types.
  • Opportunity for creative deal‑making, including free rent and other incentives in exchange for renovation investment.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Garden Center Storage Facility HVAC Service (Bike/Boat/Book/etc) Store Electrical Service Gym & Fitness 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,956
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?
Retail space - Two-story shell space in revitalized downtown Ashland, Kentucky.
Where is this retail space located?
The property is located at 236 16th St Ashland, KY.
What are key features of this property?
This property features: Prime location in Ashland's revitalized downtown with improved traffic flow and pedestrian access due to new roundabouts.; Two floors of shell space (2,100 sq. ft. per floor) ready for custom renovations to suit various business types.; Opportunity for creative deal‑making, including free rent and other incentives in exchange for renovation investment.
(606) 571-0797 Call to check price and availability
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