307 S Railroad Avenue, Ashland, VA 23005
Local realty services provided by:ERA Woody Hogg & Assoc.
307 S Railroad Avenue,Ashland, VA 23005
$650,000
- - Beds
- - Baths
- 2,700 sq. ft.
- Multi-family
- Active
Listed by: justin sledd
Office: one south commercial llc.
MLS#:2532540
Source:RV
Price summary
- Price:$650,000
- Price per sq. ft.:$240.74
About this home
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.
Contact an agent
Home facts
- Year built:1900
- Listing ID #:2532540
- Added:14 day(s) ago
- Updated:December 17, 2025 at 06:56 PM
Rooms and interior
- Living area:2,700 sq. ft.
Structure and exterior
- Roof:Flat
- Year built:1900
- Building area:2,700 sq. ft.
- Lot area:0.16 Acres
Schools
- High school:Patrick Henry
- Middle school:Liberty
- Elementary school:Ashland
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$650,000
- Price per sq. ft.:$240.74
- Tax amount:$2,419 (2025)
New listings near 307 S Railroad Avenue
- New
$349,950Active3 beds 3 baths1,628 sq. ft.104 Linden Street, Ashland, VA 23005
MLS# 2532814Listed by: HOMETOWN REALTY
$549,950Active3 beds 3 baths2,247 sq. ft.11415 Shady Farm Lane, Ashland, VA 23005
MLS# 2532444Listed by: REAL BROKER LLC
$539,000Active4 beds 3 baths2,416 sq. ft.13976 Hungryjack Court, Ashland, VA 23005
MLS# 2532480Listed by: WEICHERT HOME RUN REALTY
$535,000Pending3 beds 3 baths2,407 sq. ft.117 Giddy-up Lane, Ashland, VA 23005
MLS# 2532443Listed by: WEICHERT HOME RUN REALTY
$419,900Pending4 beds 2 baths1,508 sq. ft.405 Thompson Street, Ashland, VA 23005
MLS# 2532017Listed by: THE HOGAN GROUP REAL ESTATE
$849,000Active4 beds 3 baths3,689 sq. ft.9461 Wickham Crossing Way, Ashland, VA 23005
MLS# 2531929Listed by: LONG & FOSTER REALTORS
$674,950Active4 beds 4 baths2,903 sq. ft.12235 Kenton Ridge Road, Ashland, VA 23005
MLS# 2531536Listed by: LONG & FOSTER REALTORS
$539,950Active3 beds 3 baths2,055 sq. ft.124 Axton Lane, Ashland, VA 23005
MLS# 2531755Listed by: HOMETOWN REALTY
$329,000Active4 beds 2 baths1,170 sq. ft.317 N Snead Street, Ashland, VA 23005
MLS# 2531655Listed by: GILMAN & BATEMAN