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Property profile & analytics
OFF-MARKET Estimated value $845,000
Assisted living facilities

108 Lk St Winsted, CT 06098-1912

27,570 SF 1.78 ac lot Built 1966
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US15-0745567
Property summary
AI-generated overview

This exceptional commercial development opportunity in Winchester, CT, presents a unique chance to acquire a substantial 1.78-acre property encompassing a significant 55,880 square feet of buildable space. The property is strategically located, offering convenient access to transportation networks, educational institutions, healthcare facilities, and entertainment venues. The site's versatility allows for a wide range of development possibilities, catering to diverse commercial needs. The existing structure, while not detailed in the provided information, contributes to the overall potential of the site. Included in this offering is an additional parcel located at 125 Ridge Street, further enhancing the scope of this project. Multiple conceptual plans are available for review, providing a solid foundation for potential developers to explore various development scenarios. This property is ideally suited for those seeking a large-scale commercial undertaking in a thriving Connecticut community. The combination of size, location, and the inclusion of the additional parcel at 125 Ridge Street makes this a truly exceptional opportunity for significant commercial growth and development. Detailed information and conceptual plans are available upon request. Don't miss this chance to shape the future of Winchester's commercial landscape.

Property profile
Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1966
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 27,570 SF
Lot 1.78 ac (77,537 SF)
Zoning code HLB
APN WINC M:114 B:087 L:25 U:25A&27
UPID US15-0745567
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kathryn Bellows Physician
  • Robert Middlebrook Hotel & Motel Bed & Breakfast
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$785k
CAP Approach CAP
by Request
Comparable Approach Comparable
$901k
Blend (final) Blend
$845k
Owner & transaction history
Lake Street Dev LLC · 1 yrs held
Lake Street Dev LLC
since 2025
4 recorded transactions
2025
$400,000
2019
$260,000
2019
Price N/A
2013
Price N/A
Zoning & alternative use
HLB · Winsted, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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