251 Washington HwyAshland, VA 23005

Property Details for 251 Washington Hwy

Property size (Sq ft)

24,529 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional retail opportunity presents 24,529 square feet of vacant space within the Ashland Hanover Shopping Center, a dominant center in a vibrant Hanover County submarket. Located in close proximity to I-95, this property benefits from high traffic counts, with 23,000 ADT on US 1 and VA 54E. The center boasts a diverse tenant mix, including national, regional, and local retailers, anchored by a high-performing Food Lion. Multiple spaces are available, offering flexibility for various retail concepts. Individual spaces range from a minimum of 2,000 square feet to a maximum contiguous space of 12,240 square feet. Specifically, there are four available spaces: 3,600 square feet, 2,000 square feet, 6,689 square feet, and 12,240 square feet. The property's strategic location near Randolph Macon College, with its approximately 1,500 students, provides a significant built-in customer base. This presents a unique chance to establish or expand a retail presence in a thriving community with excellent visibility and accessibility. The property is situated in Hanover County and offers a compelling investment opportunity for businesses seeking a high-traffic location within a well-established retail center. The entire 24,529 square feet is currently vacant, providing a blank canvas for a new tenant or a redevelopment opportunity.

Location Insight

City

Ashland

County

Hanover

State

Virginia

Latitude

37.7598

Longitude

-77.4695

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