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276 Main St
Winsted, CT 06098

276 Main Street · Retail Property For Sale

Investment Highlights

  • 7,570 SF retail/commercial bldg on 0.55 acre site
  • 10 spaces + street parking
  • True Value Hardware anchor tenant; Rent escalates 3% annually
  • 12' ceiling height
  • Street signage; 52' frontage on Main Street with 1 curb cut
  • 2014 NOI: $34,606.61

Executive Summary

Colliers International is pleased to present 276 Main Street, a 7,570 square foot free-standing, single-tenant building on 0.55 acres in Winsted, Connecticut. This commercial/retail investment property is ideally located on heavily traveled Main Street/Route 44.
From Hartford, take US-44 West/Albany Avenue. Continue straight onto US-44 West/Dyer Cemetery Road. The property will be on the right.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,570 SF
Building Class
C
Year Built
1941
Price
£312,871
Price Per SF
£41
Net Initial Yield
8.76%
NOI
£27,408
Tenancy
Single
Number of Floors
1
Building FAR
0.32
Lot Size
0.55 AC
Zoning
IB-3
Parking
15 Spaces (2.66 Spaces per 1,000 SF Leased)
Frontage
52 ft on Main St

Amenities

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
WINC-000111-000004-000003A
Land Assessment
£56,832
Improvements Assessment
£159,406
Total Assessment
£216,238
  • Listing ID: 3739252

  • Date on Market: 27/02/2014

  • Last Updated:

  • Address: 276 Main St, Winsted, CT 06098

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