Mixed-Use Building with
For Sale
$340,000
502 W Lexington Avenue, Winchester, KY 40391
Street-level commercial space sits beneath two upstairs apartments in a brick building.
Property Size4,798 SF
Price / SF$70.86
Days on Market173
Property Features for 502 W Lexington Avenue
General Information
Standard status
Active
Size
4,798 SF
Total Parking Spaces
16
Elevators
Yes
Property subtype
Triplex
Site & Location
Road Access
Yes
Mixed-Use Components
commercial, residential
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
laundry hook-ups
basement storage
freight elevator
Building Details
Building Size
4,798 SF
Buildings
1
Construction
brick
Listing Agency:
Kentucky Residential Real Estate, LLC
Listed By:
Jason Townsend
(859) 771-0532
Source:
Horseandhomeestates
Added: May 8
Changed: Oct 26
Last Checked: Oct 26 at 2:55PM
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 Kentucky Residential Real Estate, LLC
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Investment Insights
Based on property information with market context.
This brick mixed-use property combines a ground-floor commercial space with two apartments above. Each apartment has two bedrooms and one bathroom, and the commercial area includes three half-baths. Laundry hookups serve all three units. A basement with a freight elevator provides additional storage.
The building measures 4,798 square feet and includes approximately 16 parking spaces. Two HVAC units and the roof were installed within the last two years.
The building measures 4,798 square feet and includes approximately 16 parking spaces. Two HVAC units and the roof were installed within the last two years.
Key Highlights
- 4,798‑square‑foot brick mixed‑use building
- Street‑level commercial space with Lexington Avenue frontage
- Two upstairs apartments, each with two bedrooms and one bathroom
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
653
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Street-level commercial space sits beneath two upstairs apartments in a brick building.
Where is this mixed-use property located?
The property is located at 502 W Lexington Avenue Winchester, KY.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: 4,798‑square‑foot brick mixed‑use building; Street‑level commercial space with Lexington Avenue frontage; Two upstairs apartments, each with two bedrooms and one bathroom
