1517 Winchester AveAshland, KY 41101

  • Other commercial real estate
  • 0.08 AC
For Lease

Property Details for 1517 Winchester Ave

Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.08 AC
Zone code
COMMERCIAL
Property type
Other commercial real estate
APN
030-13-09-012.00
APU
30130901200

Description

This exceptional Class A commercial property, the Betty Building, located at 1517 Winchester Ave, Ashland, KY 41101, offers 4,000 total square feet across two divisible suites, each approximately 2,000 square feet. Built in 1952 and extensively renovated in 2021, this single-story building boasts 9-foot ceilings and is zoned for commercial use within Boyd County. The property is ideally situated in the heart of downtown Ashland, a thriving community undergoing significant revitalization, including roundabout installations and new sidewalks. Its prime location offers excellent visibility and accessibility. The building's versatility is highlighted by its adaptable spaces: Suite A is perfect for retail or office use, while Suite B, equipped with a three-bowl sink and counter, is ideally suited for a restaurant or bakery. Adding to its unique appeal, the building features a stunning mural on its rear, facing Ashland's Art Alley. This property presents a rare opportunity to establish a presence in a dynamic and rapidly improving downtown area. The minimum divisible space is 2,000 square feet, with a maximum contiguous space also of 2,000 square feet.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $693,385
    Hospitality
    $635,137
    Educational
    $528,426
    Medical
    $546,600
    Retail
    $821,997
1517 Winchester Ave, Ashland, Kentucky
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Location Insight

City
Ashland
County
Boyd
State
Kentucky
Latitude
38.4793
Longitude
-82.6401
CBSA code
26580
CBSA name
HUNTINGTON-ASHLAND, WV-KY-OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,279
$25,000
$175,000
$200,000
-
$25,000
$175,000
$200,000

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