For Sale
$875,000
121 16Th St Ashland, KY 41101
Prime location, high income potential.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- High-yield, mixed-use investment opportunity in Ashland, KY's vibrant downtown business district.
- Prime location: Half-block site between 16th & 15th Streets, bordering Greenup Ave and the floodwall, one block from the Delta Hotel.
- Currently 75% occupied by six tenants, providing immediate cash flow.
- Significant redevelopment potential: 10,000 square feet with additional air rights, allowing for loft apartments or commercial expansion.
- Recently renovated (2023) three-building complex totaling 10,000 square feet; detailed financial records available.
Property Details for 121 16Th St
- Property type
- Retail properties, Mixed-use properties
- Square Feet
- 10,000 SF
- Year Built/Renovated
- 1900/2023
- Buildings
- 3
- Stories
- 2
- Units
- 6
Location Insight
- City
- Ashland
- County
- Boyd
- State
- Kentucky
- Latitude
- 38.480355
- Longitude
- -82.6386342
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Prime location, high income potential.
- Where is the retail property located?
- The property is located at 121 16Th St Ashland, KY.
- What is the asking price?
- The asking price for this property is $875,000.
- What are key features of this property?
- This property features: High-yield, mixed-use investment opportunity in Ashland, KY's vibrant downtown business district.; Prime location: Half-block site between 16th & 15th Streets, bordering Greenup Ave and the floodwall, one block from the Delta Hotel.; Currently 75% occupied by six tenants, providing immediate cash flow.
- How can I contact the broker?
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