Property summary
This stunning, fully restored historic Opera House occupies a prime downtown Winchester location at 101 S Main Street. Spanning 20,548 square feet on a 0.23-acre lot, this multi-use property presents a unique investment opportunity. Currently thriving with a successful restaurant (Loma's) operating for five years, the building also boasts gallery space, event/wedding reception areas, and office space. The extensive renovation spared no detail, resulting in a property brimming with old-world charm. Features include multiple commercial kitchens, a convenient interior elevator, elegant entertainment spaces, beautiful hardwood floors, large windows, exposed brick, and functional fireplaces. The flexible layout allows for continued operation of the existing businesses or adaptation to a new owner's specific needs and preferences. Priced at $1,750,000, this property offers significant potential for a variety of commercial ventures in a vibrant downtown setting. The building's rich history and modern amenities combine to create a truly exceptional commercial space. Its central location ensures high visibility and accessibility, making it an ideal investment for discerning buyers seeking a unique and profitable property.
Property profile
VerifiedCap rate & NOI
Current use
-
Atm Bank
-
Bank Loan Service
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
DOWNTOWN BUSINESS · Winchester, KYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for DOWNTOWN BUSINESS in Winchester, KY.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.