Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Versatile Commercial Property in Winchester Title is generated by Realmo AI

    45 Willow St, Winchester, CT 06098

    View on Map
    Claim this Listing
    For Sale
    $595,000

    Adaptable building suitable for retail, storage, or automotive uses.

    Type:Commercial
    Added:
    Apr 15, 2026
    Days on Market:
    47
    Last Refresh:
    Apr 12 at 5:54 am

    Property Features for 45 Willow St

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1950

    We can help!

    Listing Contact
    Christian A. Marino

    Listing agent Christian A. Marino

    Listing office Cohen Agency

    Listing date Apr 15, 2026

    Source Elliman

    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 Cohen Agency

    HighLights

    • Highly visible location on Route 44 (Main St) with frontage on Willow St and Case Ave.
    • Versatile facility previously used as an auto dealer, boat dealer, and storage facility.
    • Features a total of 12 overhead doors.
    • Building constructed in 1950.
    • Somewhat walkable location (Walk Score: 59).
    • Somewhat bikeable location (Bike Score: 19).

    Overview

    This commercial property is visible from Route 44, also known as Main Street, and fronts on Willow Street and Case Avenue. The facility has previously served as an auto dealer, a boat dealer, and a storage facility. The building features a total of 12 overhead doors. The location has a walk score of 59, indicating it is somewhat walkable, and a bike score of 19, suggesting it is somewhat bikeable.
    Location Intelligence

    Current Use by Public Records

    Hendricks SR22 Insurance Insurance Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Similar Places Nearby

    • U-Haul Neighborhood Dealer — 178 Rowley St, Winsted, CT 06098

    Location Insight

    • Map
    • Local Demand
    City
    Winchester
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.067653
    Latitude
    41.920689

    Nearby Similar for Sale

    • $250,000
      2,177 SF

      Turnkey Restaurant in Litchfield County

      Award-winning restaurant with loyal customer base and high-traffic location.
      436 Main Street, Winchester, CT 06098
      View Details
    • $399,000
      2,779 SF

      Victorian Two-Family Home, Winchester CT

      Well-maintained Victorian two-family home in a prime location.
      217 Walnut Street, Winchester, CT 06098
      View Details
    • $280,000
      4,852 SF

      Versatile Commercial Building in Winchester

      4,852 SF commercial building in Litchfield County.
      1 Lake Street, Winchester, CT 06098
      View Details
    • $595,000
      9,438 SF

      Versatile Commercial Building with Visibility

      Adaptable building suitable for retail, storage, or automotive businesses.
      45 Willow Street, Winchester, CT 06098
      View Details
    • $899,000
      11,972 SF

      Historic Theater with Multiple Income

      Unique commercial property with theater, restaurant, and bar.
      354 Main Street, Winchester, CT 06098
      View Details
    • $449,000
      5,016 SF

      Victorian Property with Development Potential

      Versatile Victorian property in Winchester, CT with development potential.
      55 Walnut Street, Winchester, CT 06098
      View Details
    • $1,900,000
      12,000 SF

      New 12,000 SF Steel Building

      Newly constructed flex space with expansion potential on 20+ acres.
      144 Rowley St, Winchester, CT 06098
      View Details
    • $290,000
      4,852 SF

      Prime Commercial Property, Winchester CT

      Versatile commercial building in Litchfield County with customization options.
      1 Lake St, Winchester, CT 06098
      View Details
    • $579,000

      Winsted Multifamily Investment Opportunity

      Charming 5-unit apartment building in residential neighborhood. Fully rented.
      150 Oak St, Winchester, CT 06098
      View Details
    • $475,000

      Well-Maintained Three-Family Home

      Rare, well-maintained three-family home with market rents.
      51 Hinsdale Ave, Winchester, CT 06098
      View Details
    • $250,000
      2,177 SF

      Turnkey Restaurant Opportunity

      Established restaurant with loyal customer base and high traffic location.
      436 Main Street, Winchester, CT 06098
      View Details
    • $89,000
      1,165 SF

      Winchester Office Condo For Sale

      Well-maintained office condo with versatile layout near downtown Winchester.
      140 Willow Street, Winchester, CT 06098
      View Details

    FAQs

    What type of property is this?
    Automotive property - Adaptable building suitable for retail, storage, or automotive uses.
    Where is this automotive property located?
    The property is located at 45 Willow St Winchester, CT.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: Highly visible location on Route 44 (Main St) with frontage on Willow St and Case Ave.; Versatile facility previously used as an auto dealer, boat dealer, and storage facility.; Features a total of 12 overhead doors.
    (860) 482-6864
    We can help!
    Listing Contact
    Christian A. Marino
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    45 Willow St, Winchester, CT 06098
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!