Map location of 307 S Railroad Avenue, Ashland, VA 23005
$650,000
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307 S Railroad Avenue, Ashland, VA 23005

 Contact
- Beds
0 Baths
2,700 Sq Ft

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 Virginias most beloved small towns. Step outside and youre just moments from Ashlands most popular local spots The Iron Horse Restaurant, Caboose Market & Caf, 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 presentsan 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 towns thriving downtown scene. * Active business, do not disrupt during business hours. Showings by appointment only.

Listing By: One South Commercial Llc - Justin Sledd 804-266-8831
  • MLS# 2532540
  • Date Listed12/02/2025
  • Days on Realty 5 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.16 acres (6,795 sq. ft)
  • Sewer Public Sewer
  • Subdivision None
  • Property Type Duplex
  • County Hanover
  • Year Built 1900
  • Water Public
  • Square Feet 2,700 sq. ft
  • Price Per Sq. Ft $240.74

Exterior / Lot Features

  • Roof Flat
  • Lot Size Acres 0.16
  • Lot Size SQFT 6,795.36
  • Lot Features -

Financial Considerations

  • Tax Amount $2,419
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Henry Clay Elementary

Public • PK - 2 • Serves this home

0.65 mi

Distance

Elmont Elementary School

Public • PK - 5

5.25 mi

Distance

John M Gandy Elementary School

Public • 3 - 5

1.57 mi

Distance

Liberty Middle School

Public • 6 - 8 • Serves this home

4.46 mi

Distance

The Georgetown School

Public • 6 - 12

9.9 mi

Distance

Patrick Henry High School

Public • 9 - 12 • Serves this home

5.05 mi

Distance

The Hanover Center For Trades And Tech

Public • 9 - 12

9.9 mi

Distance

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in VA / 23005

Source: Walkscore

85/100

Very Walkable

Walk Score ®

77/100

Very Bikeable

Bike Score ®

Overview

Most errands can be accomplished on foot. It is possible to get on a bus. Biking is convenient for most trips.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 7/100, Transit Score: 0/100, Bike Score: 26/100.

Property Change History

Price Per Square Foot decreased from $254.01 to $240.74
Agent added 48 new photos to the listing
0 → 48 photos

Points of Interest near 307 S Railroad Avenue, Ashland, VA 23005

Frequently Asked Questions for 307 S Railroad Avenue

Source: Realty.com

307 S Railroad Avenue, Ashland, VA 23005 is a Duplex, Residential Income property listed for $650,000 The property is 2700 sq. ft with - bedrooms and 0 bathrooms

Realty.com has 48 photos of 307 S Railroad Avenue.

Our records indicate that 307 S Railroad Avenue was built in 1900.

The full address for this home is 307 S Railroad Avenue, Ashland, VA 23005.

307 S Railroad Avenue has been listed on Realty.com since Tue December 02, 2025

Most errands can be accomplished on foot. It is possible to get on a bus. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 7/100, Transit Score: 0/100, Bike Score: 26/100.

There are 3 schools assigned to this home. Check out the schools near 307 S Railroad Avenue. Henry Clay Elementary (Grades: PK - 2), Liberty Middle School (Grades: 6 - 8), Patrick Henry High School (Grades: 9 - 12)

Listing provided courtesy of: One South Commercial Llc (tel: 804-266-8831)
Listing agent: Justin Sledd (tel: 804-307-4060) (#77750)

This content last refreshed on 2025-12-07 16:01:36. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 307 S Railroad Avenue, Ashland, VA 23005 : MLS# 2532540

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