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    948 Main St Windham, CT 06226

    Sponsored
    For Sale
    $449,000

    Downtown Windham, Two Buildings, High Potential

    Property size:
    5,560 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional mixed-use investment opportunity in downtown Windham, CT, comprises two buildings totaling 5,560 square feet on a 0.13-acre lot. 948 Main Street, a 3,700+ square foot building, houses a fully operational restaurant with seating for over 50 guests, a full bar, outdoor dining, and a fully equipped commercial kitchen. This established restaurant has enjoyed a successful 15-year history. The second floor of 948 Main Street is zoned for residential or office use, offering potential for owner-occupancy, rental income, or conversion to co-working space. The adjacent 956 Main Street building, currently gutted, is ready for immediate build-out. Zoned for retail and apartments, it presents a blank canvas for a mixed-use development. The property boasts a prime downtown location with high visibility and foot traffic, offering flexible zoning to maximize income streams through retail, restaurant, office, and residential uses. This turnkey restaurant and development-ready building represent a rare chance to acquire a versatile, income-generating property with significant value-add potential and built-in expansion opportunities. The asking price is $449,000.

    Property Features for 948 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,560 SF
    Lot Size
    5,663 SF

    Building Details

    Year Built
    1960
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Windham
    County
    Windham
    State
    Connecticut
    Longitude
    -72.21706
    Latitude
    41.71265

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    FAQs

    What type of property is this?
    Commercial real estate - Downtown Windham, Two Buildings, High Potential
    Where is this commercial real estate located?
    The property is located at 948 Main St Windham, CT.
    What is the asking price?
    The asking price for this property is $449,000.
    (860) 263-2121
    Request Owner's contact information
    948 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
    948 Main St Windham, CT 06226
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