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101 S Main St
Winchester, KY 40391
The Winchester Opera House · Retail Property For Sale

Investment Highlights

  • Home of the successful and delicious Loma's at the Opera House restaurant and bar, and The Winchester Opera House Ballroom
  • The property benefits from the City of Winchester's investment in neighboring High Side Improvement Project with included $5.5 million invested.
  • Ideally located in the heart of Downtown Winchester

Executive Summary

101 S. Main Street is a fully-restored historic Opera House in the heart of Downtown Winchester. Now functioning in a multiple use capacity, including gallery space, 7-years-running successful restaurant space, wedding event and reception space, and office space. No detail was overlooked in this extensive renovation, now inclusive of multiple commercial kitchens, interior elevator, gracious entertainment spaces, and an abundance of old-world charm through hardwood floors, large windows, exposed brick, and functioning fireplaces. In fact, the Opera House renovations earned the Clyde Carpenter Adaptive Reuse Award from the Bluegrass Trust Historic Preservation Commission. This offering is extremely flexible in that a new owner can step in and operate the same uses already in place, including Lease Back potential from Loma’s which is owner occupied, or use the flexible layouts for its own preferences. It is also in the Opportunity Zone, and Downtown Winchester KY offers numerous grants for both renovations and business development should a buyer wish to participate.
*Business purchase is not included in the real estate offering.
Located in the heart of Downtown Winchester, close to popular shops, restaurants, churches, banks, and various businesses.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
20,548 SF
Building Class
B
Year Built/Renovated
1873/2003
Price
$2,421,213 CAD
Price Per SF
$117.83 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
1.89
Lot Size
0.25 AC
Opportunity Zone
Yes
Zoning
B-2 - Downtown Business
Frontage
105’ on Main St

Amenities

  • Fireplace
  • Restaurant

Property Taxes

Property Taxes

Parcel Number
054-3218-00100
Land Assessment
$103,766 CAD
Improvements Assessment
$622,598 CAD
Total Assessment
$726,364 CAD
  • Listing ID: 29991788

  • Date on Market: 2023-11-07

  • Last Updated:

  • Address: 101 S Main St, Winchester, KY 40391

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