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Four-Unit Mixed-Use Property
For Lease
$299,900

1163 Main St, Willimantic, CT 06226

Three-story configuration combines first-floor commercial space with two upper-level residential apartments.

Space SizeContact for details
Days on Market163

Property Features for 1163 Main St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $5,069
Listing Agency: eXp Realty
Listed By: Eli Joseph · License #RES.0799771
Source: Exprealty
Added: Mar 22 Changed: Aug 30 Last Checked: Aug 30 at 11:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty

Investment Insights

Based on property information with market context.

Located at 1163 Main St in Willimantic, this four-unit mixed-use property spans three floors. The ground level contains a former salon area and a separate office or retail unit, providing two distinct commercial spaces within the building.

The second floor is configured as a five-bedroom, 1.5-bath apartment and requires renovation. A three-bedroom, one-bath apartment occupies the third floor. The property is situated on Main Street, with ECSU and UCONN described as minutes away.

Key Highlights

  • Four‑unit mixed‑use building at 1163 Main St, Willimantic, CT
  • First floor includes a former salon and an adjacent office or retail unit
  • Second‑floor apartment has 5 bedrooms and 1.5 baths

Property Analytics

Current Use

Marilyn's Creations Salon ... Hair Salon

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Spa & Massage Center Skin Care Clinic Hair Salon Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,011
Businesses Nearby

Demographics for 06226, CT

19,233
Population
7,622
Households
2.5
Avg Household Size
29
Median Age
22%
College-Educated
81%
High-School Grad
7.2 sq mi
ZIP Area
2,671
Density / Sq Mi
$44,103
Median Household Income
$26,504
Median Earnings
$1,084
Median Rent
$181,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-story configuration combines first-floor commercial space with two upper-level residential apartments.
Where is this mixed-use property located?
The property is located at 1163 Main St Willimantic, CT.
What is the lease rate?
The lease rate is $299,900.
What are key features of this property?
This property features: Four‑unit mixed‑use building at 1163 Main St, Willimantic, CT; First floor includes a former salon and an adjacent office or retail unit; Second‑floor apartment has 5 bedrooms and 1.5 baths
More about this property
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