The Winchester Opera House | 101 S Main St
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The Winchester Opera House 101 S Main St
20,548 SF Retail Building Winchester, KY 40391 £1,369,288 (£67/SF)
Investment Highlights
- Home of the successful and delicious Loma's at the Opera House restaurant and bar, and The Winchester Opera House Ballroom, Gallery, and Studios.
- Can parlay into a multiple property purchase from the same sellers, all conducive to event planning.
- Ideally located in the heart of Downtown Winchester
Executive Summary
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, 5-years-running successful restaurant space (Loma's), 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 the new owner can step in and operate in the same uses already in place or use the flexible layouts for its own preferences. It is also in the Opportunity Zone, and Winchester First offers numerous grants for both renovations and business development should a buyer wish to participate.
Located in the heart of Downtown Winchester, close to popular shops, restaurants, churches, banks, and various businesses.
Located in the heart of Downtown Winchester, close to popular shops, restaurants, churches, banks, and various businesses.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
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-
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
20,548 SF
Year Built/Renovated
1873/2003
Price
£1,369,288
Price Per SF
£67
Tenancy
Single
Number of Floors
2
Building FAR
1.89
Lot Size
0.25 AC
Opportunity Zone
Yes
Zoning
B-2 - Downtown Business
Amenities
- Fireplace
- Restaurant
Walk Score ®
Very Walkable (77)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 054-3218-00100 | Improvements Assessment | £352,103 (2023) |
| Land Assessment | £58,684 (2023) | Total Assessment | £410,786 (2023) |
PROPERTY TAXES
Parcel Number
054-3218-00100
Land Assessment
£58,684 (2023)
Improvements Assessment
£352,103 (2023)
Total Assessment
£410,786 (2023)
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The Winchester Opera House | 101 S Main St
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