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Historic Victorian Property with Barn

55 Walnut St, Winchester, CT 06098

For Sale
$429,000

Versatile Victorian property in TCR Zone with development potential.

Property Size5,016 SF
Lot Size0.56 Acres
Price / SF$186.52
Days on Market245

Property Features for 55 Walnut St

General Information

Standard status Active
Size 5,016 SF
Lot size 0.56 Acres
Property subtype Commercial

Building Details

Building Size 5,016 SF
Year Built 1880
Listing Agency: Northwest CT Realty
Listed By: David Sartirana · License #REB.0756493
Source: Elliman
Added: Mar 10 Changed: Aug 23 Last Checked: Aug 14 at 6:02AM

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 Northwest CT Realty

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Investment Insights

Based on property information with market context.

This Victorian property, a local landmark and former funeral home since the early 1900s, is situated in the TCR Zone, offering a range of potential uses. The TCR Zone permits accessory residential uses, community centers, family day care homes, single-family dwellings, and home farming. With a special permit, the property can accommodate affordable housing, bed and breakfasts, boarding houses, congregate residences, convalescent/nursing homes, country inns, home occupations, mixed-use buildings, multi-family dwellings, outdoor private recreation and entertainment facilities, restaurants, schools, two-family dwellings, and places of worship. The first floor features spacious rooms suitable for a kitchen, pantry, dining room, formal living room, family room, and office. The second floor provides ample space for four to five bedrooms. The third floor includes a generously sized apartment. A notable feature is the 2,300 sq. ft. three-story barn/garage, offering storage, workshop space, and potential for various uses. This property presents a unique investment opportunity.

Key Highlights

  • Versatile TCR zoning allows for residential and commercial uses.
  • Substantial 2,300 sq. ft. three‑story barn/garage provides significant storage and workshop space.
  • The third floor features a generously sized apartment, offering immediate rental income potential.

Property Analytics

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Current Use

Maloney Funeral Home ... Social Service Agency

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Skin Care Clinic Daycare Center Storage Facility Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

526
Businesses Nearby

Demographics for 06098, CT

10,188
Population
5,576
Households
1.8
Avg Household Size
48
Median Age
29%
College-Educated
94%
High-School Grad
30.7 sq mi
ZIP Area
332
Density / Sq Mi
$68,661
Median Household Income
$47,202
Median Earnings
$1,189
Median Rent
$238,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Mixed-use properties in Litchfield County, CT

$184 Jul
$144 Aug
$162 Sep
$151 Oct

Properties on Market for Mixed-use properties in Litchfield County

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Mixed-use property - Versatile Victorian property in TCR Zone with development potential.
Where is this mixed-use property located?
The property is located at 55 Walnut St Winchester, CT.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Versatile TCR zoning allows for residential and commercial uses.; Substantial 2,300 sq. ft. three‑story barn/garage provides significant storage and workshop space.; The third floor features a generously sized apartment, offering immediate rental income potential.
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