35-37 Hays Street Winchester, KY 40391
COMMERCIAL - Winchester, KY
Property Features for 35-37 Hays Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- R-1C
- Standard status
- Active
- APN
- 054-1028-021-00
- Size
- 1,440 SF
- Lot size
- 0.13 Acres
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
Building Details
- Year built
- 1950
- Floors in Building
- 2
- Building materials
- Aluminum Siding, Vinyl Siding
- Roof type
- Composition
Listing agent Cheri Shaffer (859) 489-2729
Listing office Lifstyl Real Estate 114 Pasadena Drive, Lexington, KY (859) 278-7501
Listing date Feb 1, 2026
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Investment Insights
Based on property information with market context.
Also included is a separate 3-bedroom residential home at 35 Hays, which is currently income-producing and leased through 2027. The property is zoned R-1C and is located at 35-37 Hays Street in Winchester, Kentucky (40391) within Clark County.
Key Highlights
- Mixed‑use property with commercial building over 3,000 SF plus a separate 3‑bedroom residential home at 35 Hays
- 3‑bedroom home is currently income‑producing and leased through 2027
- Commercial space includes a full kitchen and laundry area
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.7k | $16.44 |
| − Vacancy | −$1.3k | −$0.92 |
| EGI | $22.3k | $15.52 |
| − OpEx | −$5.6k | −$3.88 |
| NOI | $16.8k | $11.64 |