Historic Mixed-Use Rental
For Sale
Contact for pricing
5 W Broadway St, Winchester, KY 40391
Historic building built in 1889 with 18 rental units and about 9,000 sq ft of commercial space.
Property SizeContact for details
Days on Market123
Property Features for 5 W Broadway St
General Information
Standard status
Active
Property subtype
Senior Living
Additional Details
Business Included
Yes
Multifamily Units
18
Building Details
Year Built
1889
Year Renovated
2002
Listing Agency:
RE/MAX Properties East
(502) 425-4200
Listed By:
Kelly Johnson · License #KY 65798
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 20 at 11:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Properties East
Investment Insights
Based on property information with market context.
This historic mixed-use building was built in 1889 and refurbished in 2002. It currently features 18 rental units with a 2/3-bedroom configuration, plus approximately 9,000 square feet of commercial space. A local lawyer maintains an office on the ground floor as part of the building.
The property is located in downtown Winchester, Kentucky, and includes both residential income and flexible commercial space that may be suited for storefront use or additional rental units.
Tax credits are available, and the current structure provides a basis to increase total rental income through the residential units and the existing commercial area.
The property is located in downtown Winchester, Kentucky, and includes both residential income and flexible commercial space that may be suited for storefront use or additional rental units.
Tax credits are available, and the current structure provides a basis to increase total rental income through the residential units and the existing commercial area.
Key Highlights
- Historic downtown Winchester, KY landmark built in 1889
- 18 rental units in the building, offering potential to increase rental income
- About 9,000 sq ft of commercial space that could be used as storefront or additional rental units
Property Analytics
Current Use
Lease Details
18
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
681
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Senior housing / Retirement Home - Historic building built in 1889 with 18 rental units and about 9,000 sq ft of commercial space.
Where is this senior housing / retirement home located?
The property is located at 5 W Broadway St Winchester, KY.
What are key features of this property?
This property features: Historic downtown Winchester, KY landmark built in 1889; 18 rental units in the building, offering potential to increase rental income; About 9,000 sq ft of commercial space that could be used as storefront or additional rental units
