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16 N Main St
Winchester, KY 40391
Retail Property For Sale
Investment Highlights
- Recently renovated with a new roof, 4 new skylights, exposed beams, new hardwood floors, new plumbing and new electrical.
- The property boasts the largest back parking lot in the downtown area, a bonus for staff and customer accessibility.
- The property is located directly across from a brand-new apartment building and is surrounded by retail and restaurants.
- Downtown Winchester, KY is booming - everyone wants to be Downtown, introducing shops, restaurants, and new apartment living options.
Executive Summary
An excellent opportunity to own a fully leased, income-producing property in the heart of Downtown Winchester, Kentucky. This beautifully renovated 2,310 SF retail storefront is being offered at a 10% cap rate, making it an attractive turnkey investment from day one.
The building may be old, but nearly everything inside is new! Recent improvements include a new roof, four new skylights, exposed beams, new hardwood flooring throughout, updated electrical and plumbing, and HVAC.
The space is plumbed for four bathrooms and also includes a laundry room and private back office with a window overlooking the main retail area.
This property boasts a large rear parking lot—one of the largest in Downtown Winchester—providing convenient parking for tenants, customers, and employees.
The location is surrounded by continued downtown growth. Seven new high-end apartments across the street, while the same block is already home to five restaurants, numerous shops, and the Leeds Center for the Arts.
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!
The building may be old, but nearly everything inside is new! Recent improvements include a new roof, four new skylights, exposed beams, new hardwood flooring throughout, updated electrical and plumbing, and HVAC.
The space is plumbed for four bathrooms and also includes a laundry room and private back office with a window overlooking the main retail area.
This property boasts a large rear parking lot—one of the largest in Downtown Winchester—providing convenient parking for tenants, customers, and employees.
The location is surrounded by continued downtown growth. Seven new high-end apartments across the street, while the same block is already home to five restaurants, numerous shops, and the Leeds Center for the Arts.
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
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
2,310 SF
Building Class
C
Year Built/Renovated
1999/2021
Price
$413,681 CAD
Price Per SF
$179.08 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.18 AC
Zoning
B-2
Frontage
57’ on Main St
Amenities
- Skylights
Property Taxes
| Parcel Number | 054-3209-01500 | Improvements Assessment | $82,736 CAD |
| Land Assessment | $41,368 CAD | Total Assessment | $124,105 CAD |
Property Taxes
Parcel Number
054-3209-01500
Land Assessment
$41,368 CAD
Improvements Assessment
$82,736 CAD
Total Assessment
$124,105 CAD
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