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MLS #: 56939 (Commercial)
1301 Winchester Avenue
Ashland, KY, 41101
Status: Active
Price: $595,000
Floors: 1
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Type: Commercial
Age: Over 100
Year Built: 1913
Main Floor Square Feet: 1
Bath Rooms: Three Or More
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Full Description: Discover the future of urban living in Ashland, Kentucky! A four-story architectural marvel, gracefully positioned adjacent to the iconic bridge leading into Ohio, presents an unmatched investment prospect in one of the region's most coveted locales. Situated strategically opposite the esteemed Paramount Theater, this property basks in downtown Ashland's prime real estate status, offering seamless access to shopping, dining, entertainment, and cultural experiences courtesy of its proximity to major thoroughfares. Boasting income-generating tenants on its basement and first floors, this property assures immediate returns on investment, serving as a lucrative asset for your portfolio. Beyond its present profitability lies a realm of endless potential as the upper floors await transformation into modern apartments, stylish condos, or chic office spaces, all accentuated by panoramic views of the cityscape. The property stands poised for maximizing returns and adapting to evolving market dynamics. Featuring a prime downtown location with unparalleled visibility and foot traffic, coupled with its historical charm seamlessly integrated with modern amenities, this property embodies the essence of sophisticated urban living. Whether you're an astute investor seeking portfolio diversification or an entrepreneurial visionary aiming to contribute to downtown Ashland's revitalization, seize the opportunity to become part of this vibrant community and unlock the full potential of this prime real estate gem!
Directions: US 23 to Winchester Ave. Corner of 13th and Winchester Ave. Across from the Paramount Arts Center
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Cooling: Central Air
Heat: Forced Air Electric
Water/Sewer
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Listing Courtesy of: Realty Exchange
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Listed by: Agent A
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