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Bankruptcy Ordered Auction-Residential Multi-Family Bldg.

Auction starts 11/12/2025 @ 9:00 AM EST
Auction ends 11/13/2025 @ 3:00 PM EST
Auction Type: online

Description

Bankruptcy Ordered Auction – Residential Multi-Family Building

Two-Story Multi-Family Building: 10+ Modern Residential Units Plus Dedicated Storage Space, Totaling 8,640± sq. ft. (PVA) – Former Homeless Shelter
 
Prime Corner Lot & Parking Areas: Expansive ½-acre Lot With Multiple Access Points and Ample Unused Space, Ideal for Future Expansion or New Development Opportunities. Property Selling in As Is Condition – Renovation Required
 
Strategic Location: Positioned Directly Along High-Traffic US-23, Surrounded by Thriving Private and Chain Businesses, Ensuring Excellent Visibility and Accessibility.
 
Three Street Access: Direct Access from Winchester, 30th Street & Alley in Rear
 
Flexible Zoning Potential: Zoned B-2, Diverse Commercial and Business Possibilities, From Retail, Housing or Mixed-Use Development.
 
Selling Free and Clear of Liens – Bankruptcy Court Ordered Sale
 
No Back Taxes - Title Insurance Available!

Posted Price is not relevant. PRICE WILL BE DETERMINED AT AUCTION.

 
Sold by Order of the U.S. Bankruptcy Court – EDKY – Case No. 24-10169
 
U.S. Bankruptcy Court, Chapter 7 Panel Trustee, James Westenhoefer, Eastern District of Kentucky Case No. #24-10169
 
Tranzon Asset Advisors, Edward D. Durnil, KY Auctioneer #259408/Broker #187998
10% Buyers Premium based on high bid and other terms apply.
Online bidding ends November 13th at 3:00pm ET.
Inspection: Drive by Anytime.
Property Address: 2944 Winchester Avenue Ashland, KY 41101
Contact Clay Perry at 270-769-0284 or cperry@tranzon.com

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