KY
Clark
Winchester
40391
2 N Main Street
2 N Main Street, Winchester, KY 40391
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Listing Type
Multi Family
Listing Status
Active
37
$1,595,000

Home Details for 2 N Main Street

Price
$1,595,000
Type
Residential Income
Bedrooms
37
Total Bathrooms
20
Full Bathrooms
19
Half Bathrooms
1
Square feet
26124
Lot size acres
0.22
County
Clark
Days on site
96
MLS Listing#
25017572
Property Description

Major CAPEX in 2022 & 2024 — Facade transformation, fully restored and renovated. Current grossing $168,000 annual rent, with $4,000/month upside — beats the 1% rule! The Kerr Building, the largest downtown historical landmark, features structural repairs, new roofing, brick tuck-pointing, secure key-fob entrances, central HVAC, modern kitchens, updated baths, and new flooring. 18 LIHTC apartments and 2 renovated ground-floor offices totaling 20 income-producing units. Additional space at 4-10 Main Street offers a blank canvas for tenant improvements and added cash flow. Downtown Winchester is thriving — turn-key, stabilized, and priced to sell. Seize this opportunity!

Property Features
    School Information
    School Information for 2 N Main Street, Winchester, KY 40391
    Elementary School
    Justice
    Middle School
    Robert Campbell
    High School
    GRC
    Listing Courtesy: Tsubaki Group, LLC - 859-913-3150
    Lexington-Bluegrass Association of Realtors logo The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of Bluegrass REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by IDX brokerage firms other than EXIT Realty, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX brokers. Information deemed reliable but not guaranteed. Copyright ©2026 Bluegrass REALTORS®. All Rights Reserved.
    Last Updated: 2026-04-06 19:00:25
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    Market statistics compiled from data from Lexington-Bluegrass Association of Realtors.
    EXIT REALTY CRUTCHER
    60 Devils Hollow Rd, Frankfort, KY 40601
    Kenny Hawkins
    License #: 215465
    Sales Representative
    Office
    502 783 6060
    Agent
    502 680 6195
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