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1701 Central Ave
Ashland, KY 41101

Park Place · Office Property For Sale

Investment Highlights

  • This building is also located within THE OPPORTUNITY ZONE, which creates great tax benefits for its buyer.

PROPERTY FACTS

Property Type
Office
Property Subtype
Office/Residential
Building Size
90,000 SF
Building Class
C
Year Built/Renovated
1978/2014
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
21,600 SF
Slab To Slab
12’
Building FAR
1.84
Lot Size
1.12 AC
Zoning
B-3 - Downtown Business District

Amenities

  • 24 Hour Access
  • Atrium
  • Controlled Access
  • Kitchen

About 1701 Central Ave , Ashland, KY 41101

The Park Place Building is the premier office complex in Ashland Kentucky, which is on the verge of rapid growth. Braidy Industries has recently broken ground on a $1.6 Billion aluminum plant that will bring thousands of jobs to the Ashland area as well as many more companies. The Park Place Building operates two elevators and currently leases the adjacent parking lot, which has 126 spaces in exchange for leasing a small data center in the building basement. The building is located in the heart of the city, close to several other businesses, banks, malls and restaurants. This building is also located within THE OPPORTUNITY ZONE, which creates great tax benefits for its buyer. 2014 Reno - new roof The building was built in 1978 and is of steel and concrete construction. The pillar system allows each floor to be custom configured to meet the needs of any tenant."

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
030-16-05-001.00
Land Assessment
$197,900
Improvements Assessment
$1,302,100
Total Assessment
$1,500,000
  • Listing ID: 16151881

  • Date on Market: 5/24/2019

  • Last Updated:

  • Address: 1701 Central Ave, Ashland, KY 41101

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