311 17th St

311 17th St , Ashland, Kentucky, 41101 | 3,000 sq.f | $ 299,000

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About This Restaurant

Investment Highlights

Located in a burgeoning Downtown Arts & Entertainment District Large and Versatile Space Lots of Natural Light

Executive Summary

Welcome to your next venture in the vibrant heart of Ashland, Kentucky's burgeoning Entertainment District! This historic church offers an unparalleled blend of majestic architecture, modern functionality, and prime location. This property is a cornerstone of downtown's exquisite architectural heritage and where history meets opportunity. The interior is awe-inspiring and welcoming, with soaring ceilings and gorgeous stained-glass windows that showcase intricate architectural details and tell a story of craftsmanship and artistry, but this property doesn't just rest on history; it strides boldly into the present with a modern addition tailored to today's business needs. Ample office space awaits your business, while three bathrooms ensure comfort and convenience for staff and clientele alike. Your business will be in the company of a thriving community with this downtown hotspot location of restaurants and shops, benefiting from the continuous foot traffic that characterizes downtown life. The potential uses for this property are as varied as the imagination of its new owners - from a restaurant that combines historic ambiance with modern dining, a nightclub that becomes the jewel of Ashland's nightlife, to innovative retail spaces and offices that blend history with contemporary business dynamics; this space is ready to accommodate your vision. This property is your opportunity to own a piece of Ashland's history while writing your chapter in its future.

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Office
  • Property Subtype    Loft/Creative Space Loft/Creative Space General Retail Bar General Retail Freestanding General Retail Restaurant Loft/Creative Space
  • Building Size    3,000
  • Building Class    C
  • Year Built/Renovated    1870/2005
  • Price    299,000
  • Price Per SF    100
  • Percent Leased    Vacant
  • Building Height    2 Stories
  • Typical Floor Size    1,500
  • Building FAR    0.63
  • Land Acres    0.11 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Security System
  • Kitchen
  • Accent Lighting
  • Central Heating
  • High Ceilings
  • Natural Light
  • Open-Plan
  • Air Conditioning
  • Smoke Detector

Property Taxes

Parcel Number 030-13-15-003.00 Improvements Assessment $80,000
Land Assessment $170,000 Total Assessment $250,000
Date Created: 2024-07-16 04:16:15 Last Updated: 2024-07-16 04:16:15
Address: 311 17th St , Ashland, Kentucky, 41101