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Property profile & analytics
OFF-MARKET
Turn key restaurants

898 Main St Winsted, CT 06098

800 SF 0.35 ac lot Built 1955
Entity Owned Free & Clear
Property ID
US15-1062476
Property summary
AI-generated overview

This exceptional investment opportunity in Winsted, Connecticut, presents two combined commercial parcels totaling 1.43 acres along Route 44. The first parcel, encompassing 1.08 acres, includes a 648 sq. ft. masonry building suitable for retail or takeout food service, reflecting its past uses. The second parcel, spanning 0.35 acres, features an 800 sq. ft. building with a history as a bar and cafe. A significant portion of the property extends across Indian Meadow Brook, offering unique expansion possibilities. The addition of a footbridge could create exciting opportunities for outdoor seating, expanded retail space, or other creative ventures. This prime location at the west end of Winsted provides high visibility and substantial daily traffic, serving as a gateway for traffic entering the town. The property is zoned Gateway, allowing for a variety of uses. The asking price is $319,900, with an occupancy date of October 1, 2024. This property is ideal for entrepreneurs seeking a high-impact location with significant redevelopment potential. The combined parcels offer a unique blend of existing structures and expansion opportunities, making it an attractive investment for a variety of business ventures.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1955
Construction FRAME
Total area 800 SF
Lot 0.35 ac (15,246 SF)
Zoning code TG
APN WINC M:106 B:103 L:010-1
UPID US15-1062476
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Gar Don Holdings LLC
Gar Don Holdings LLC
since 2025
Last sale
$265,000
6 recorded transactions
2025
$250,000
2022
$265,000
2011
$1
2007
$105,000
2007
$1
1997
$110,000
Zoning & alternative use
TG · Winsted, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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