Commercial Land for Sale in Winchester, Kentucky
1120-1140 Bypass Rd Winchester, KY 40391
This unique offering can combine both properties into one sale as they are contiguous properties and owned by the same seller. Would be an effective way for a developer to acquire the 1140 Bypass Rd. property as an investment property, providing in-place income from Sleep Outfitters to help offset the development costs of the 1120 Bypass Rd. vacant lot.
The seller is entirely open to independent sales of the two properties, or a collective sale. Contact agent for more details on the Sleep Outfitters Lease, and other questions.
Property Highlights:
- Traffic signaled lot
- Bypass frontage
- B-3 retail zoning
- $90K NOI, 2-year term remaining
- Utilities to site
- Replaceable rental income at $18.75 PSF
- Tenant responsible for all property expenses
Ideally located along the heart of Bypass Road in Winchester, Kentucky between Kroger and Walmart Shopping Centers.
Winchester, Kentucky is the county seat of Clark County, Kentucky and is part of the Lexington-Fayette Kentucky Metropolitan Statistical Area. It is supported by such industries as Clark Regional Medical Center, Ale-8-One, and Catalent Pharmaceuticals.
Directions
Located adjacent to the Sleep Outfitters on Bypass Road heading toward I-64 on the right.
Location
- Street Address
- 1120-1140 Bypass Rd
- County
- Clark County
- Elevation
- 938 feet
Property details
- Zoning
- B-3
- MLS Number
- LBAR 24020722
- Date Posted
Parcels
- 043-1001-006-04-1120-1140
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 30, 2024 | New listing | $1,575,000 | — | LBAR |