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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2 Lk St Winsted, CT 06098-1908

5,220 SF 0.47 ac lot Built 1956
Individually Owned 27-yr Hold ~ Est. High Equity
Property ID
US15-0895410
Property summary
AI-generated overview

This exceptional commercial property, situated at 2 East Lake Street in Winsted, Connecticut, presents a unique investment opportunity. The 5,220 square foot lot is ideally located in the highly sought-after Highland Lake Business Zone, directly across from Resha Beach. Its strategic position offers unparalleled visibility and accessibility. The property's versatility makes it suitable for a wide range of commercial ventures, including retail establishments, restaurants, breweries, or other similar businesses. The presence of three overhead doors adds significant operational flexibility. The property's zoning allows for a variety of uses, making it an attractive prospect for entrepreneurs and investors alike. This is a rare chance to acquire a substantial commercial parcel in a thriving Connecticut community, offering significant potential for growth and return on investment. The asking price for this exceptional property is $750,000. The property is located in Northwest Hills County, Connecticut, zip code 06098. The address is 2 East Lake St, Winsted, CT.

Property profile
Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1956
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,220 SF
Lot 0.47 ac (20,473 SF)
Zoning code HLB
APN WINC M:114 B:083 L:001F
UPID US15-0895410
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
  • Lapointe's Floor Covering & Design LLC Carpet & Flooring Store Hardware & Home Improvement
  • Lapointe's Kitchen & Bath Hardware & Home Improvement Kitchen & Bath Showroom
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Ronald P Lapointe · 27 yrs held
Ronald P Lapointe
since 1999
2 recorded transactions
2003
Price N/A
1999
$150,000
Zoning & alternative use
HLB · Winsted, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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