$650,000

307 S Railroad Ave, Ashland, VA 23005

  • 2,700 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon6,795sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $241/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

Rare mixed-use opportunity in the heart of Historic Downtown Ashland. This charming property offers over 2,700 square feet of thoughtfully designed space, featuring a street-level retail suite and a spacious two-bedroom apartment above. Situated along Railroad Avenue, with the iconic railroad tracks running just out front, the property captures the character and charm that make Ashland one of Virginia’s most beloved small towns. Step outside and you’re just moments from Ashland’s most popular local spots — The Iron Horse Restaurant, Caboose Market & Café, Homemades by Suzanne and Origin Beer Lab — all within a short stroll. The property is also steps from Randolph-Macon College, providing a steady stream of students, faculty, and visitors that keep Downtown Ashland vibrant year-round. Behind the building, a large private parking lot offers convenient access for both residents and customers — a true rarity in this walkable downtown setting. The property also includes a nice backyard, adding flexibility and outdoor appeal. The upstairs apartment is currently vacant and presents an immediate leasing opportunity, with rent potential of $1,800 per month or higher. Properties like 307 South Railroad Avenue seldom come to market. With its unbeatable location, historic charm, and income potential, this property is a true Ashland gem — perfect for investors or owner-occupants looking to be part of the town’s thriving downtown scene. * Active business, do not disrupt during business hours. Showings by appointment only.

Listing Status:
Active
Listing Office:
One South Commercial LLC : (804) 266-8831
Listing Agent:
Justin Sledd : (804) 307-4060
MLS ID:
2532540
  • Style: Two Story
  • Other Structures: Front PorchDeck
  • Parking: No GarageOff Street
  • Roofing: Flat
  • General: FrameVinyl Siding2
  • Originating MLS: CVR
  • County: Hanover
  • Zoning: NO 307N/E CENTER & MYRTLE7870-70-4807
  • Fencing: Back YardPartial
  • Water: Public
  • Sewer: Public Sewer
  • Source: CVR
  • Ownership: IndividualsSole Proprietor

This listing courtesy of Justin Sledd, One South Commercial LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Henry Clay Elementary School

310 S James St, Ashland, VA, 23005

Grades PK-2

0.28 miles away

L

Liberty Middle School

13496 Liberty School Rd, Ashland, VA, 23005

Grades 6-8

3.25 miles away

P

Patrick Henry High School

12449 W Patrick Henry Rd, Ashland, VA, 23005

Grades 9-12

3.49 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.