Active

1140 Bypass Road

Winchester KY, 40391

$1,125,000


$234.38 per sqft

Active

4,800 sqft

Commercial

Listed by Gregory Leveridge with Block + Lot Real Estate

Rarely available Bypass frontage property at signaled corner for sale! This offering is already subdivided as a 0.50-acre lot and can be sold as such with the Sleep Outfitters tenancy and lease in place, or in conjunction with the adjacent property at 1120 Bypass Road that is 0.48 acres of contiguous land.Property Highlights:- Traffic signaled lot- Bypass frontage- B-3 retail zoning- $90K NOI, 2-year term remaining- Replaceable rental income at $18.75 PSF- Tenant responsible for all property expensesIdeally 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.Winchester, KY is a vibrant community located just 20 miles east of Lexington, offering a small-town feel with easy access to the amenities of a larger city. Positioned along I-64, it provides seamless connectivity to major interstates, making it a strategic location for businesses.

24020720

MLS ID

October 1, 2024

Listed

October 14, 2024

Updated

Map

1140 Bypass Road
Winchester KY, 40391

Interior Features

Total Stories

1


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.5 Acres


Exterior Features

Brick

Other Property Details

Area Name

007 - Clark County


Garage

No


Parking

On Site, Paved


View

No


County

Clark


Pool

No


Zoning

B-3

Listing Contact:  

The IDX display contains information sourced from the Bluegrass REALTORS® as of 10/14/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/14/2024 at 8:22 PM UTC

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