175 Main Street Active

Winchester,CT 06098

$ 995000

0 Bed

9 Baths

10432 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 10,432 sqft

Price per Sqft $95

MLS Listing ID 24037186

Full Baths 9

Year Built 1900

Annual Tax Amount $5,322

Lot Size 5,662 Sqft

Property Description

Addresses include 175 Main Street and 183 Main Street in Winsted, CT. Amazing opportunity to acquire a 9 Unit Asset (7 Apartments + 2 Retail) in Winsted with anchor tenant Noli's Restaurant (Rent $2,266 w 3% increase/year) w over 20 years in business! Pride of Ownership is evident with Capital Improvements made by the current owners, including: new water heaters, heating zones, electrical upgrades, fire rated tenant main doors & new fire alarms/strobes in both buildings. The unit mix is: 1, 4 bedroom ($1,100); 4, 2 bedrooms ($1,000; $1,050; $900; the other can be rented for up to $1500 per month) and 2, 1 bedroom units ($950 each). The 175 Main St had a roof replacement in 2021, a privacy fence enclosure installed & all 4 residential units have gone through renovations. 183 Main St has had a roof replacement in 2023, aft wall structural repair, new studs, insulation, beams & siding. 183 2A has been refurbished. One retail space is leased to Noli's Restaurant which has a patio. Noli's pays their heat and electric. The current owner leased the second retail space to Northwest Soup & Deli ($1500 then $1650 on 1/1/2025) and this establishment has all new equipment. They pay their own electric and a fixed gas, water/sewer reimbursement to the Owner. The residential tenants pay their electric. Owners are very meticulous and detail oriented. This is a seamless opportunity to own a well-run asset. Properties being sold together.

Location

State CT

County Litchfield

Zoning TC

Interior

Heating Baseboard

Cooling Central Air,Window Unit

Exterior

Utilities Available Electric,Gas,Telephone,Cable

Roof Type Flat,Rubber

Building

Lot Description Level Lot

Foundation Concrete,Masonry

Sewer Public Sewer Connected

Water Public Water Connected

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