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Equipped Bar and Pub
For Sale
$350,000

137 East Broadway Street, Winchester, KY 40391

Commercial Sale, Winchester, KY

Property Size1,536 SF
Lot Size0.17 Acres
Price / SF$227.86
Days on Market300

Property Features for 137 East Broadway Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning R-1
Subdivision Commercial
Directions From Main Street in Winchester turn on East Broadway. Store will be on the left before the railroad tracks.
Standard status Active
APN 054-3228-004-01
Size 1,536 SF
Lot size 0.17 Acres

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Central Air

Building Details

Floors in Building 1
Building materials Brick
Roof type Shingle
Listing Agency: Dream Maker Realty, LLC
Listed By: Dale Hatton
Added: Dec 20, 2025 Changed: Oct 5 Last Checked: Oct 16 at 6:06PM
MLS# 25508602

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1,536-square-foot bar and pub is offered with its operating contents in place, including two pool tables, barstools, tables, televisions, pool cues, a dartboard, and inventory. The property is constructed of brick and includes central air conditioning, electric heat, a shingle roof, and public sewer service.

Located in historic downtown Winchester, the business is described as an established operation with a recurring clientele. Its configuration also supports service as a liquor store, with the ability to serve mixed drinks and open liquor under the stated operating model. The HVAC unit, walk-in compressors, and cooler have been recently replaced.

Key Highlights

  • 1,536‑square‑foot bar and pub property
  • Two pool tables, dartboard, televisions, furniture, pool cues, and inventory included
  • HVAC unit, walk‑in compressors, and cooler recently replaced

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,878
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$357,560 $357.6K
Cap Rate 7%
$255,400 $255.4K
Cap Rate 9%
$198,644 $198.6K
Market Conditions
NOI Build-Up for 1,536 SF
Gross rent
$25.3K $16.44/SF
− Vacancy
−$1.4K −$0.92/SF
EGI
$23.8K $15.52/SF
− OpEx
−$6.0K −$3.88/SF
NOI
$17.9K $11.64/SF
Area
Clark County, KY
Vacancy
5.60%
Lease Rate
$16.44 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$357,560
Cap Rate 7%
$255,400
Cap Rate 9%
$198,644

Alternative Uses

Best Use
Specialty Retail
$255.4K
$223.5K – $298.0K (±1% cap)
NOI $17,878 @ 7.0% cap · market cap 5.11%
Second Best
Retail
$208.8K
$182.7K – $243.6K (±1% cap)
NOI $14,616 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$389.3K
$340.6K – $454.2K (±1% cap)
NOI $27,250 @ 7.0% cap · market cap 7.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Broadway Liquor and Bar Bar & Pub

Suggested Use

Top Pick Dental Office Real Estate Agency Spa & Massage Center Skin Care Clinic HVAC Service Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

627
Businesses Nearby
Balanced
Demand for This Use

Demographics for 40391, KY

36,461
Population
16,125
Households
2.3
Avg Household Size
41
Median Age
22%
College-Educated
90%
High-School Grad
237.3 sq mi
ZIP Area
154
Density / Sq Mi
$67,910
Median Household Income
$40,323
Median Earnings
$884
Median Rent
$197,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • Pretty Privileged — 32 Central Ave, Winchester, KY 40391
  • The Hall Coffee & Social Club — 17 S Main St, Winchester, KY 40391
  • Abettor Brewing Company — 128 N Highland St, Winchester, KY 40391

Frequently Asked Questions

What type of property is this?
Bar & Pub - Established downtown business with furnishings, entertainment equipment, inventory, and updated cooling infrastructure included.
Where is this bar & pub located?
The property is located at 137 East Broadway Street Winchester, KY.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1,536‑square‑foot bar and pub property; Two pool tables, dartboard, televisions, furniture, pool cues, and inventory included; HVAC unit, walk‑in compressors, and cooler recently replaced
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