1629 Ashland Road, Greenup, KY 41144

$4,300,000
Property Type: Commercial Sale Square Footage: 73,100 Lot Size (sq. ft.): 392,040 Status: Active
Current Price: $4,300,000 List Date: 12/03/2025 Last Modified: 4/14/2026

Overview

Description

For the first time ever, this well-maintained shopping center is being offered by its original owner. Situated on approximately 9± acres and featuring over 73,000 square feet of retail space, the property is less than one mile from downtown and enjoys excellent visibility with a traffic count of 15,500+ vehicles per day. Long-term, stable tenants provide consistent income, and the recently resurfaced and striped parking lot enhances both appearance and functionality. This is a solid, income-producing investment with reliable tenancy, recent improvements, generous acreage, and a highly accessible location near the city center. More details and financials available upon request.

Listing Details MLS# 25507271

Listing Information

Comp Sale YN
No
Property Sub Type
Mixed Use

Status Change Information

Price Change Timestamp
2026-02-20T16:46:35Z
Status Change Timestamp
2025-12-03

Address

County
Greenup
Street Number
1629
Street Name
Ashland
Street Suffix
Road
State
KY
Zip Code
41144

Contract

Original List Price
4700000
Start Showing Date
2025-12-03
Listing Contract Date
2025-12-03
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/SqFt
58.82

Tax Legal

MLS Area Major
079 - Greenup County
Subdivision Name
Commercial

Interior

Living Area Units
Square Feet
Building Area Total
73100
Building Area Source
Appraiser
Building Area Units
Square Feet

More Information

Building

Year Built
1978
Accessibility Features YN
Yes

Lot

Lot Size Acres
9
Lot Size Square Feet
392040

Remarks

Public Remarks
For the first time ever, this well-maintained shopping center is being offered by its original owner. Situated on approximately 9± acres and featuring over 73,000 square feet of retail space, the property is less than one mile from downtown and enjoys excellent visibility with a traffic count of 15,500+ vehicles per day. Long-term, stable tenants provide consistent income, and the recently resurfaced and striped parking lot enhances both appearance and functionality. This is a solid, income-producing investment with reliable tenancy, recent improvements, generous acreage, and a highly accessible location near the city center. More details and financials available upon request.

Showing Information

Showing Instructions
Call the listing agent. Do NOT disturb tenants.

Tax & Legal

Tax Rate
15.5
Zoning
Other
Zoning Description
HB Highway Business/Commercial
Directions
From I-64 East, take the exit for US-23 North. Turn right onto Archery Street, then left onto Lils Way. Continue and turn right onto Ashland Road. The property will be located on the right.

Possession

Close Of Escrow
Yes

Business Type

Commercial
Yes
Professional Service
Yes
Professional/Office
Yes
Retail
Yes

Sale Includes

Building(s)
Yes
Fixtures
Yes
Land
Yes
Leases
Yes

Showing Requirements

Call Listing Agent
Yes
Showing Service
Yes

Property Features

Business Type: Commercial; Professional Service; Professional/Office; Retail Possession: Close Of Escrow Sale Includes: Building(s); Fixtures; Land; Leases Showing Requirements: Call Listing Agent; Showing Service

Documents

Listing Office: Bluegrass Sotheby's International Realty
Last Updated: April - 14 - 2026
Information deemed reliable but not guaranteed.