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    872 Main St Windham, CT 06226

    Sponsored
    For Sale
    $500,000

    17,400 SF, Mixed-Use Potential

    Property size:
    17,400 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 17,400+/- square foot commercial property, situated at 872 Main Street in Windham, Connecticut, presents a unique redevelopment opportunity. Currently configured as office space, the building's expansive footprint and versatile layout offer significant potential for a variety of uses. Its rich history as a bowling alley suggests exciting possibilities for entertainment venues, while its location also makes it ideal for large retail showrooms, health and fitness centers, medical offices, or multi-family residential conversion. The 0.26-acre lot provides ample space for expansion or outdoor amenities. Benefitting from its strategic location in an Opportunity Zone, Enterprise Zone, and Hub Zone, this property offers substantial economic incentives. Its proximity to a parking garage, the Windham town office, Eastern Connecticut State University, and Windham Hospital ensures high visibility and convenient access to a diverse population base. This prime commercial property represents a rare chance to acquire a substantial asset in a thriving Connecticut community, ripe for revitalization and poised for significant return on investment. The building's existing infrastructure provides a solid foundation for a wide range of adaptive reuse projects, making it an attractive proposition for both seasoned developers and forward-thinking investors. The possibilities are vast, and the potential for growth is undeniable.

    Property Features for 872 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    17,400 SF
    Lot Size
    11,326 SF

    Building Details

    Year Built
    1955
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Spa & Massage Department Store Kitchen & Bath Food Market Travel Agency Plumbing Service Acupuncture Farmer's Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Windham
    County
    Windham
    State
    Connecticut
    Longitude
    -72.21571
    Latitude
    41.71221

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    FAQs

    What type of property is this?
    Commercial real estate - 17,400 SF, Mixed-Use Potential
    Where is this commercial real estate located?
    The property is located at 872 Main St Windham, CT.
    What is the asking price?
    The asking price for this property is $500,000.
    (877) 672-3847
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    872 Main St Windham, CT 06226
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    872 Main St Windham, CT 06226
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