872 Main St Windham, CT 06226
This exceptional 17,400 square foot mixed-use property, located at 872 Main Street in Windham, Connecticut, presents a compelling redevelopment opportunity. The three-story building, constructed in 1955, sits on a 0.26-acre lot and is zoned B1. Currently configured as office space and storefront, its versatile layout offers significant potential for a variety of uses. Its history as a bowling alley suggests possibilities for entertainment venues, while its size is ideal for large retail showrooms, health and fitness centers, medical offices, or multi-family residential conversion. The property's strategic location offers significant advantages. It's situated across from a parking garage, in close proximity to Windham Town Office, Eastern Connecticut State University, and Windham Hospital, ensuring high visibility and convenient access. Furthermore, its location within an Opportunity Zone, Enterprise Zone, and Hub Zone provides access to various economic incentives and development programs. This prime location and substantial square footage make this property an attractive investment for developers seeking a high-impact project in a thriving Connecticut community. The asking price is $500,000. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.