Retail Space on Main Street

Retail-Commercial for Sale
Catylist Listing ID: 30813236
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail
Building Size (RSF): 8,500 SF
Gross Building Area: See Agent
Sale Price: $249,000
Unit Price: $29.29 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/21/2023

Overview / Comments

This property has so much potential! There are 2 separate store fronts, and the potential for 3 large apartments upstairs. There is a back entrance and lots of windows on the backside allowing for an abundance of natural light! The current owner has done a significant amount of work cleaning up the property, adding electric and plumbing to part of 2nd floor. There are 4 grants available for renovating properties in Downtown Winchester!! The Tourism Commission, Chamber of Commerce and Industrial Authority are located next door to the property.

Attachments & Media

Additional Details

Nearest MSA: Lexington-Fayette
County: Clark
Zoning: B-2
Retail Clientele: General, Family, Business, Tourist
Property Visibility: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,575 21,418 27,914
Median Age: 38.4 39.18 39.1
Households: 1,466 8,706 11,257
The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Moody's assume any liability for errors or omissions.