For Sale
$319,900

898 Main St Winsted, CT 06098

Two parcels, high-traffic location, redevelopment potential.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional investment opportunity in Winsted, Connecticut, presents two combined commercial parcels totaling 1.43 acres along Route 44. The first parcel, encompassing 1.08 acres, includes a 648 sq. ft. masonry building suitable for retail or takeout food service, reflecting its past uses. The second parcel, spanning 0.35 acres, features an 800 sq. ft. building with a history as a bar and cafe. A significant portion of the property extends across Indian Meadow Brook, offering unique expansion possibilities. The addition of a footbridge could create exciting opportunities for outdoor seating, expanded retail space, or other creative ventures. This prime location at the west end of Winsted provides high visibility and substantial daily traffic, serving as a gateway for traffic entering the town. The property is zoned Gateway, allowing for a variety of uses. The asking price is $319,900, with an occupancy date of October 1, 2024. This property is ideal for entrepreneurs seeking a high-impact location with significant redevelopment potential. The combined parcels offer a unique blend of existing structures and expansion opportunities, making it an attractive investment for a variety of business ventures.

Highlights

  • 1.43-acre commercial property in Winsted, CT, on Route 44, comprising two parcels.
  • Two existing buildings: a 648 sq. ft. masonry building (suitable for retail/takeout) and an 800 sq. ft. building (former bar/cafe).
  • Gateway zoning allows for diverse uses.
  • High-visibility location with substantial daily traffic at the west end of Winsted.
  • $319,900 asking price, October 1, 2024 occupancy.
  • Significant redevelopment potential, including expansion across Indian Meadow Brook.

Property Details for 898 Main St

Property type
Retail properties, Bars

Location Insight

City
Winsted
County
Litchfield
State
Connecticut
Latitude
41.9304687
Longitude
-73.0793684

FAQs

What type of property is this?
Retail property - Two parcels, high-traffic location, redevelopment potential.
Where is the retail property located?
The property is located at 898 Main St Winsted, CT.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: 1.43-acre commercial property in Winsted, CT, on Route 44, comprising two parcels.; Two existing buildings: a 648 sq. ft. masonry building (suitable for retail/takeout) and an 800 sq. ft. building (former bar/cafe).; Gateway zoning allows for diverse uses.
How can I contact the broker?
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898 Main St
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