1638 Winchester Ave., Ashland, KY 41101

Property Description

This iconic downtown Ashland building offers historic appeal with a distinctive presence perfect for creative reimagining while preserving its unique character. This 4 story building with basement was most recently used as a department store and restaurant and bar and known as Corbie's and the Jockey Club. Historically it has been referred to as the Parsons Furniture building which was housed there for many years. Situated on a corner lot in an area with growing foot traffic and nearly completed downtown streetscape, this landmark property is positioned within the Opportunity Zone, maximizing investment potential. This property is not just a building, it's a cornerstone of downtown Ashland with endless possibilities. Whether you're envisioning a boutique hotel, luxury apartments, vibrant retail spaces, or your own dream use, this building is your canvas for your next successful venture! Each floor offers approx. 7100 sq. ft. except for the basement with approx. 5500. One freight elevator and one passenger elevator that the owner says work but need service/repair. Per the owner, the building was built in 1917 primarily from concrete and steel as one of Ashland's first fireproof buildings. Windows are still in place but covered over except for the rear of the building where they have been filled with block.