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Property profile & analytics

898 Main St Winsted, CT 06098

  • Turn key restaurants
  • 800 SF
  • 0.35 lot acres
OFF-MARKET
Last Sale
Feb 18, 2022
$265,000
Value Estimations
$320,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US15-1062476
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Turn key restaurants

Property Details for 898 Main St

Year built
1955
Construction
FRAME
Lot size
0.35 lot acres
Property size
800 SF
Zone code
TG
Property type
Turn key restaurants
APN
WINC M:106 B:103 L:010-1
APU
WINCM106B103L0101

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $320,000
    ML approach
    $290,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Winsted
County
Litchfield
State
Connecticut
Longitude
-73.0791
Latitude
41.9304
CBSA code
45860
CBSA name
TORRINGTON, CT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,501
$51,590
$43,190
$94,780
-
$0.00
$0.00
$0.00
More about this property
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