54 St Windham, CT 06226
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Retail properties & Spaces
Property Details for 54 St
- Year built
- 1930
- Lot size
- 0.20 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Office Spaces
Description
This exceptional 11,000 square foot commercial building, situated on a 0.2-acre lot at 54 North Street in Windham, Connecticut, presents a compelling redevelopment opportunity. Originally constructed in 1930 and extensively renovated in 2012, this two-story building features a modern, functional floor plan ideally suited for a variety of uses. The property boasts 100 feet of frontage and is conveniently located near all local services, including public water and sewer. A generator is also on-site. The B1 zoning allows for diverse applications, including shared workspaces, start-up incubators, office administration, training schools, or retail establishments. The building's history reflects Willimantic's rich textile heritage, while its recent upgrades cater to contemporary business needs. This prime location benefits from strong demographics, with average incomes exceeding $46,000 within a one-mile radius, rising to over $72,000 within a five-mile radius. The property also offers 31 private parking spaces and is within walking distance of Eastern Connecticut State University, further enhancing its appeal and potential. This is an owner/user investment opportunity in a designated opportunity zone. The asking price is $389,000. This property offers a unique blend of historical charm and modern functionality, making it an attractive investment for discerning buyers.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Windham
- County
- Windham
- State
- Connecticut
- Longitude
- -72.2126
- Latitude
- 41.7133
