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13558079
31848947

101 S Main St, Winchester, KY 40391

GL
KY KY 71312
Block + Lot
LT
FL SL3587398
Block + Lot
Listed by Block + Lot
$1,750,000
941 days on market
Updated 44 days ago
Opportunity zone

The Winchester Opera House

Details
APN 054-3218-001-00
Property Type Mixed Use, Office (+1)
Sub Type Restaurant, Storefront (+1)
Square Footage 20,548
Net Rentable (SqFt) 20,548
Price per SqFt $85
Year Built 1873
Year Renovated 2003
Buildings 1
Stories 2
Acreage 0.230
Zoning B-2
Investment Type Owner/User

Mixed Use | 20,548 SqFt

Marketing description

101 S. Main Street is a fully-restored historic Opera House in the heart of Downtown Winchester. Now functioning in a multiple use capacity, including gallery space, 7-years-running successful restaurant space, wedding event and reception space, and office space. No detail was overlooked in this extensive renovation, now inclusive of multiple commercial kitchens, interior elevator, gracious entertainment spaces, and an abundance of old-world charm through hardwood floors, large windows, exposed brick, and functioning fireplaces. In fact, the Opera House renovations earned the Clyde Carpenter Adaptive Reuse Award from the Bluegrass Trust Historic Preservation Commission. This offering is extremely flexible in that a new owner can step in and operate the same uses already in place, including Lease Back potential from Loma’s which is owner occupied, or use the flexible layouts for its own preferences. It is also in the Opportunity Zone, and Downtown Winchester KY offers numerous grants for both renovations and business development should a buyer wish to participate.

*Business purchase is not included in the real estate offering.

Investment highlights

  • Home of the successful and delicious Loma's at the Opera House restaurant and bar, and The Winchester Opera House Ballroom
  • Ideally located in the heart of Downtown Winchester
  • The property benefits from the City of Winchester's investment in neighboring High Side Improvement Project with included $5.5 million invested in new angled parking, new sidewalks and added ramps, making the downtown area more accessible as well as 13 new high-end apartments with 10 more in development.

Listing Contacts

GL
KY KY 71312
Block + Lot
LT
FL SL3587398
Block + Lot
Listed by Block + Lot

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Additional Information

Name
Greg Leveridge
License
KY 71312
Brokerage
Block + Lot
Brokerage Phone
859-309-0099
Title
Broker
Brokerage Address
133 West Short Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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