Park Place Office Center

Highlights

• •±90,000 SF Office Redevelopment Opportunity
• Large former office building offering multiple repositioning paths, including mixed-use, medical, residential, educational, or adaptive reuse.
• Extremely Low Basis / Distressed Asset
• Condemned status allows acquisition well below replacement cost and historic value.
• Residential Conversion Potential
• Layout and urban location may support multifamily, workforce, senior, or student housing, subject to approvals.
• Prime Central Avenue Location
• High-visibility corridor in Ashland near downtown, medical uses, and major employers.
• Rare Large-Block Urban Infill