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Property profile & analytics
OFF-MARKET
Retail space

115 Main St Winsted, CT 06098

2,400 SF 0.3 ac lot Built 1975
Entity Owned Absentee Owner Free & Clear
Property ID
US15-0543833
Property summary
AI-generated overview

This 2,400 square foot freestanding retail building in Winsted, Connecticut, presents a unique investment opportunity. Located at 115 Main St, 06098, this single-tenant property sits on 0.3 acres of land and was built in 1975. Previously a gas station and convenience store, the property is now available for sale at $699,000 or for lease under a ten-year triple net lease with a 3% annual increase. Flexible lease terms are available, including renewal options, lease-to-own arrangements, and shorter lease durations. The property enjoys high visibility and accessibility due to its prime location, benefiting from proximity to major roadways, shopping centers, and restaurants. Daily traffic counts average approximately 14,300 vehicles. While gas and convenience store uses are restricted, the property is zoned for a variety of uses including bakery, bank, commissary, small-format drug store, medical or professional office, restaurant, quick-service restaurant (QSR), retail store, smoke shop, and deli. Special permits allow for automotive sales and repair, and brewpubs. This versatile property offers significant potential for a wide range of businesses seeking a high-traffic location in a thriving Connecticut community.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1975
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,400 SF
Lot 0.3 ac (13,068 SF)
Zoning code TC
APN WINC M:111 B:070 L:02425A
UPID US15-0543833
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
CUMBERLAND FARMS INC
CUMBERLAND FARMS INC
Zoning & alternative use
TC · Winsted, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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