354 Main StWinsted, CT 06098

Property Details for 354 Main St

Year built

1928

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.27 AC

Property size (Sq ft)

11,972 SF

Zone code

TC

Property type

Sports & entertainment properties

Property subtype

Theaters & concert halls

APN

WINC M:110 B:001 L:004

APU

WINCM110B001L004

Description

This exceptional commercial property at 354 Main Street, Winchester, Connecticut presents a rare investment opportunity. The 11,972 square foot building sits on a 0.27-acre lot and is currently configured as a unique dual-theatre complex with a built-in restaurant and lounge bar. The two theatres boast a combined seating capacity of 200 guests, offering a distinctive entertainment experience that includes food and beverage service. The property benefits from recent significant upgrades, including a $200,000 fire sprinkler system installation and a brand new $30,000 digital marquee, ensuring both safety and modern appeal. The building's Town Center (TC) zoning allows for considerable flexibility in future uses, opening doors to a variety of business ventures beyond its current configuration. Imagine the possibilities: continue operating as a thriving entertainment venue, or explore alternative uses within the versatile space. This property offers a compelling blend of established infrastructure and significant potential for growth, making it an ideal acquisition for discerning investors seeking a unique and high-impact commercial investment in a desirable Connecticut location. The asking price is $950,000.

• Alternative Use

  Use

  Valuation

  Residential

  $2,265,571

  Hospitality

  $2,075,250

  Educational

  $1,726,584

  Medical

  $1,785,964

  Retail

  $2,685,798

Location Insight

City

Winsted

County

Litchfield

State

Connecticut

Latitude

41.9214

Longitude

-73.0696

CBSA code

45860

CBSA name

TORRINGTON, CT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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