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Ashland, KY Restaurants for Sale

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South Ashland Brick Building
Updated: Jul 15, 2024
South Ashland Brick Building

2222 29th St, Ashland, KY 41101

$259,000
6,000 sqft
Priced below appraisal value.
Large 6000+ sq ft brick building suitable for various business ventures.
Recently sealed large parking area with easy access.
Updated front waiting and office areas with newer carpet and paint.
Benefit from two new HVAC units (3 total), newer 80‑gallon hot water tank, and newer plumbing/water lines.
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Retail
Updated: Aug 14, 2024
Retail

1638 Winchester Ave, Ashland, KY 41101

$995,000
7,100 sqft
Located in a designated Opportunity Zone, offering significant investment advantages.
Historic 4‑story building (plus basement) with unique character, suitable for creative redevelopment.
Prime corner lot location in downtown Ashland with increasing foot traffic and a revitalized streetscape.
Large floor plates: Approximately 7100 sq. ft. per floor (5500 sq. ft. in the basement).
Solid construction: Built in 1917 with concrete and steel as one of Ashland's first fireproof buildings.
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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 58 Potential Opportunities for your consideration. Besides 2 Active listings in Ashland, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 48 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Catlettsburg Commercial Building For Sale
Catlettsburg Commercial Building For Sale

8308 Lake Bonita Road, Catlettsburg, KY 41129

$6,500,000
35,748 sqft · 1.95 AC lot

Three-story commercial building with leases in place and expansion potential.

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Flatwoods Commercial Property For Sale
Flatwoods Commercial Property For Sale

1606 Argillite Road, Flatwoods, KY 41139

$299,900
5,272 sqft

Highly visible corner location with redevelopment potential in Flatwoods, KY.

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Catlettsburg Commercial Building with Expansion
Catlettsburg Commercial Building with Expansion

8308 Lake Bonita Rd, Catlettsburg, KY 41129

$6,500,000
35,748 sqft · 1.95 AC lot

Three-story commercial building with leases, expansion potential, high-traffic location.

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High-Visibility Corner Commercial Property
High-Visibility Corner Commercial Property

1606 Argillite Road, Flatwoods, KY 41139

$299,900
5,272 sqft

Corner commercial property in Flatwoods with redevelopment potential.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land on Main Highway
Commercial Land on Main Highway

3449 13th Street, Ashland, KY 41102

$450,000
1.26 AC lot

1.26 acre commercial land with utilities in Ashland, KY.

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Retail Pad Site For Sale
Retail Pad Site For Sale

227 Russell Road, Ashland, KY 41169

$575,000
0.54 AC lot

Retail pad site available in a competitive Ashland retail corridor.

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High-Visibility Land on US Route 60
High-Visibility Land on US Route 60

8932 Us Route 60, Ashland, KY 41102

$89,500

Prime commercial land with high traffic and direct highway access.

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Commercial Lot in Prime Location
Commercial Lot in Prime Location

150 State Street, Proctorville, OH 45669

$125,000
0.52 AC lot

High-traffic commercial lot in the heart of Proctorville, Ohio.

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Off-Market Properties in Ashland, KY

Consider similar Off-Market properties in Ashland, KY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

21 Russell Plz Dr
RESTAURANT

21 Russell Plz Dr, Ashland, KY 41101-7082

Value Estimation by Request
9,564 sqft · 1.65 AC lot
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8227 Meade Springer Rd
RESTAURANT

8227 Meade Springer Rd, Ashland, KY 41102-8901

Value Estimation by Request
8.49 AC lot
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1224 Carter Ave
RESTAURANT

1224 Carter Ave, Ashland, KY 41101-7515

$3,515,000
Estimated value
1.00 AC lot
View details
1240 Winchester Ave
DRIVE-THRU RESTAURANT, FAST FOOD

1240 Winchester Ave, Ashland, KY 41101-7533

Value Estimation by Request
0.50 AC lot
View details
41 Russell Plz Dr
RESTAURANT

41 Russell Plz Dr, Ashland, KY 41101

$1,830,000
Estimated value
1.07 AC lot
View details
2800 Winchester Ave
RESTAURANT

2800 Winchester Ave, Ashland, KY 41101-1931

Value Estimation by Request
0.16 AC lot
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5 4135th State Rte
RESTAURANT

5 4135th State Rte, Ashland, KY 41102

$600,000
Estimated value
2,800 sqft · 50.62 AC lot
View details
10763 Us Rte Rte
RESTAURANT

10763 Us Rte Rte, Ashland, KY 41102

$2,510,000
Estimated value
1.04 AC lot
View details
6515 Us Rte 60
DRIVE-THRU RESTAURANT, FAST FOOD

6515 Us Rte 60, Ashland, KY 41102-9604

Value Estimation by Request
0.63 AC lot
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505 Armco Rd
RESTAURANT

505 Armco Rd, Ashland, KY 41101-7383

$1,810,000
Estimated value
1.60 AC lot
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2416 Winchester Ave
RESTAURANT

2416 Winchester Ave, Ashland, KY 41101-7836

Value Estimation by Request
2,484 sqft · 0.12 AC lot
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20 Russell Plz Dr
DRIVE-THRU RESTAURANT, FAST FOOD

20 Russell Plz Dr, Ashland, KY 41101-7080

$790,000
Estimated value
3,252 sqft · 0.56 AC lot
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1612 Greenup Ave
RESTAURANT

1612 Greenup Ave, Ashland, KY 41101-7616

Value Estimation by Request
0.11 AC lot
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280 Russell Rd
DRIVE-THRU RESTAURANT, FAST FOOD

280 Russell Rd, Ashland, KY 41101-7048

Value Estimation by Request
0.41 AC lot
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24 Russell Plz Dr
RESTAURANT

24 Russell Plz Dr, Ashland, KY 41101-7080

Value Estimation by Request
1.19 AC lot
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1901 Main St Www
RESTAURANT

1901 Main St Www, Ashland, KY 41102-3265

Value Estimation by Request
1,000 sqft · 0.09 AC lot
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3033 Winchester Ave
RESTAURANT

3033 Winchester Ave, Ashland, KY 41101-1963

Value Estimation by Request
3,273 sqft · 0.41 AC lot
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12475 Us Rte 60
RESTAURANT

12475 Us Rte 60, Ashland, KY 41102-9675

Value Estimation by Request
1.10 AC lot
View details
205 Town Ctr Dr
DRIVE-THRU RESTAURANT, FAST FOOD

205 Town Ctr Dr, Ashland, KY 41101-7373

Value Estimation by Request
0.37 AC lot
View details
10951 Us Rte 60
RESTAURANT

10951 Us Rte 60, Ashland, KY 41102-9602

Value Estimation by Request
39.03 AC lot
View details
3475 Winchester Ave
RESTAURANT

3475 Winchester Ave, Ashland, KY 41101-2052

Value Estimation by Request
View details
2550 Winchester Ave
DRIVE-THRU RESTAURANT, FAST FOOD

2550 Winchester Ave, Ashland, KY 41101-7838

Value Estimation by Request
0.98 AC lot
View details

Ashland, KY Restaurants Market Trends and Statistics

Explore 50 restaurants for sale in Ashland, KY on our real estate platform. These investment opportunities span a total of 10,620 square feet of properties for sale, with an estimated market value of $2,865,848.

Sale prices for restaurant properties in Ashland, KY start at $995,000, averaging $1,432,924, and reaching up to $1,870,848 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Drive through restaurants 1

Demographics Overview

Population 40K
Population Growth (5Y) +3.2%
Median Household Income $61,064
College Educated 15.8%

High-Yield Neighborhoods for Investment

Identify Ashland submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
41101 $995K
41102 $1.9M

Taxes & Financing

Tax Rate (average for all types) 0.92%
Property Tax per SF $16.35 per SF
Tax Rate vs County Average 0.02 pp above county avg
Average Loan-to-Value 65.0%

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