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872 Main St 17,400 SF Retail Building Willimantic, CT 06226 $500,000 ($28.74/SF)
Investment Highlights
- Great opportunity for redevelopment and C-PACE financing.
- Located in Opportunity Zone, Enterprise Zone and Hub Zone.
Executive Summary
17,400+/- Sf on Main Street Willimantic. Currently used as office, great opportunity to redevelop to mixed use. Located in Opportunity Zone, Enterprise Zone and Hub Zone. Building was originally a bowling alley and could be a great entertainment venue, large retail showroom, health/fitness, office, medical, multi-family. Located across from parking garage nearby town office, Eastern Connecticut State University and Windham Hospital.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
17,400 SF
Building Class
C
Year Built
1955
Price
$500,000
Price Per SF
$28.74
Tenancy
Multiple
Building Height
3 Stories
Loading Docks
2 Exterior
Building FAR
1.54
Lot Size
0.26 AC
Opportunity Zone
Yes
Zoning
b1 - Business
Parking
10 Spaces (0.57 Spaces per 1,000 SF Leased)
Amenities
- Signage
Walk Score®
Very Walkable (89)
Nearby Major Retailers
Property Taxes
| Parcel Number | WIND-001303-000061-000009 | Improvements Assessment | $498,140 |
| Land Assessment | $34,170 | Total Assessment | $532,310 |
Property Taxes
Parcel Number
WIND-001303-000061-000009
Land Assessment
$34,170
Improvements Assessment
$498,140
Total Assessment
$532,310
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872 Main St
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