Moundale Manor

Retail-Commercial for Sale
Also listed as Office, Hospitality
Catylist Listing ID: 30860533
Property Subtypes: Free-Standing Building, Other
Building Size (RSF): 11,230 SF
Gross Land Area: 2.08 Acres
Sale Price: $2,199,000
Unit Price: $195.81 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: The Moundale Manor
Usable Size (USF): 11,230 SF
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 7/16/2024

Overview / Comments

This magnificent home doubles as an opportunity for Bed and Breakfast, events, weddings, or even office space. Originally called "Illyria" and built for Mr. and Mrs. Thomas C. Robinson, this property is truly an exceptional residence with no detail spared nor any deferred maintenance to speak of. As soon as you walk into this property, you are warmly greeted with an abundance of light throughout gracious living areas, large windows, high ceilings, dramatic interior and open staircase leading all the way through three floors. Absolutely, this property is an ideal blend of old-world charm through crown moldings, hardwood floors, and quality of construction, with modern, seamless finishes and upgrades.

Property Highlights:
- Potential for income through flexible zoning and inherent possibilities with its structure and layout including events, wedding, office, and bed and breakfast.
- Functions naturally as a gracious home with 9 bedrooms, 5 full and 3 half bathrooms, home theatre, and fabulous living areas.
- Can parlay into a multiple property purchase from the same sellers, all conducive to event planning, including two rental homes, a small church, and Winchester's famous former Opera House now customized as an event and restaurant space.

Additional Details

Nearest MSA: Lexington-Fayette
County: Clark
Tax ID/APN: 054-2020-015-00
Zoning: P-1
Retail Clientele: General, Family, Business, Traveler, Tourist, Convention, Other
Property Located Between: Winchester Country Club and Moundale Avenue
Property Visibility: Good
Largest Nearby Street: S. Main Street
Site Description: Perched beautifully at the top of a hill among one of Winchester's oldest and most charming neighborhoods, in close proximity to the treasured Winchester Country Club.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 3
Property Condition: Excellent
Construction/Siding: Brick
Parking Type: Surface
Zoning Description: Flexible for a multitude of uses.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,962 19,992 28,855
Median Age: 40.4 39.17 39.31
Households: 3,314 8,148 11,636


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