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801 Winchester Avenue
Ashland, KY 41101
Asking Price
$650K
Asset Type
Restaurant Retail
Class
Class B
What's Special
<p><span style="color: rgba(0, 0, 0, 1)">Prime commercial opportunity at 801 Winchester Ave.! This mixed use investment property is zoned B-2 with outstanding visibility with an approx. daily traffic count of 18-21,000 vehicles situating it in the ideal location for a wide range of commercial ventures. The main level of approx. 5,520 sq ft has long been home to a successful flooring business and features 2 spacious showrooms, multiple offices, 2 restrooms and a large warehouse area (@37'4 x 46'5
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NOI
$80,000
Cap Rate
12.31%
DSCR
2.07
Strong
Cash-on-Cash
21.24%
Monthly Payment
$3,215.845
Annual Cash Flow
$41,409.856
