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1 N Main St
Winchester, KY 40391
Retail Property For Sale
Investment Highlights
- Excellent investment property with Tenants in place
- Located in the Opportunity Zone
- Ideal location in Downtown Winchester
Executive Summary
Located on the very visible corner of Lexington Avenue and Main Street, this property has recently been updated. Wonderful tenants in both the upstairs and downstairs unit makes this a great investment property. The historic Leeds Center for the Arts, numerous other restaurants and shops are in walking distance. This is an ideal location for an investment property or bring your business here. This property is also located in the Opportunity Zone. Lots of options!
Winchester, KY is conveniently situated just 18 miles east of Lexington and, with proximity to I-64, provides quick access to the larger city’s amenities. Downtown Winchester is home to a variety of beloved local establishments, including the historic Leeds Center for the Arts, La Trattoria, Loma’s, The Hall Coffee & Social Club, and several small shops. Over 30 new, high-end apartments are coming to Downtown Winchester - residents and tourists want to be Downtown!
Winchester, KY is conveniently situated just 18 miles east of Lexington and, with proximity to I-64, provides quick access to the larger city’s amenities. Downtown Winchester is home to a variety of beloved local establishments, including the historic Leeds Center for the Arts, La Trattoria, Loma’s, The Hall Coffee & Social Club, and several small shops. Over 30 new, high-end apartments are coming to Downtown Winchester - residents and tourists want to be Downtown!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
1,900 SF
Building Class
B
Year Built
1900
Price
$225,000
Price Per SF
$118.42
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.18
Lot Size
0.02 AC
Opportunity Zone
Yes
Zoning
B-2
Frontage
64’ on Main St
Amenities
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 054-3216-00800 | Improvements Assessment | $155,000 |
| Land Assessment | $20,000 | Total Assessment | $175,000 |
Property Taxes
Parcel Number
054-3216-00800
Land Assessment
$20,000
Improvements Assessment
$155,000
Total Assessment
$175,000
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