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    FOR SALE
    Commercial real estate

    16 N Main St, Winchester, KY 40391

    3,168 SF 0.23 ac lot
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US34-0297744
    Property summary
    AI-generated overview

    This exceptional 2,310 square foot commercial property at 16 N Main Street, Winchester, KY, presents a unique opportunity for business owners. Recently and extensively renovated, this building boasts a brand-new roof, four new skylights, and beautifully exposed beams. The interior features gleaming new hardwood floors throughout. Plumbing is complete for four bathrooms, and a dedicated laundry room and back office with a window overlooking the main space are included. All electrical and plumbing systems are entirely new. A significant advantage is the property's expansive rear parking lot – the largest in the downtown area – ensuring convenient parking for both staff and customers. This prime location directly benefits from the revitalization of the area, with seven new high-end apartments under construction across the street, adding to the already vibrant mix of five restaurants and numerous shops in the immediate vicinity. The Leeds Center for the Arts is also conveniently located across the street. Furthermore, Winchester First is actively offering various business grants to support new ventures, making this an exceptionally attractive investment opportunity in a thriving downtown setting. The 0.18-acre lot provides ample space and potential for future expansion.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 3,168 SF
    Lot 0.23 ac (10,019 SF)
    Zoning code DOWNTOWN BUSINESS
    APN 054-3209-015-00
    UPID US34-0297744
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Busy Bee Innovations Print Co. Custom T-Shirt Store Print Shop
    • Fifth Element Brazilian Jiu Jitsu Training Center Sports School
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    RICARDO R BETANCUR
    RICARDO R BETANCUR
    Zoning & alternative use
    DOWNTOWN BUSINESS · Winchester, KY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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