205 Codella Drive Winchester, KY 40391

Listing agent Gregory Leveridge License #215416 Show Phone

Listing office Block + Lot Homes 133 W Short St, Lexington, KY Show Phone

Listing date Apr 25, 2025

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MLS# 25008456 Listing URL

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Investment Insights

Based on property information with market context.

This offering is a commercial land parcel totaling 3 acres at 205 Codella Drive. The materials include an enclosed conceptual development plan showing how a standard sized, free-standing, sit-down restaurant could fit on the lot.

The property is located just off the Winchester Bypass amid new development, including a CHI Saint Joseph Health Center. The immediate area also includes Clean Sweeps and Domino's Pizza, with Walmart and Kroger located directly across the bypass from the site.

For buyers and developers, the included restaurant concept supports a straightforward path to planning and feasibility for a dedicated dining use. The parcel’s size and free-standing format are suited for tenants seeking a ground-up development site in a retail-heavy environment. The listing also notes the option to pair this offering with 145 Codella Dr., subject to terms and due diligence.

Key Highlights

• Utilities: water available
• Vacant lot just off the Winchester Bypass
• Surrounded by area retail, including a brand new CHI Saint Joseph Health Center nearby

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FAQs

What type of property is this?

Commercial land - 3-acre lot positioned just off the Winchester Bypass, with conceptual plans for a sit-down restaurant.

Where is this commercial land located?

The property is located at 205 Codella Drive Winchester, KY.

What is the asking price?

The asking price for this property is $650,000.

What are key features of this property?

This property features: Utilities: water available; Vacant lot just off the Winchester Bypass; Surrounded by area retail, including a brand new CHI Saint Joseph Health Center nearby