720 Main Street, Winchester, CT 06098
Litchfield County
Key Facts
Description
Where Opportunity Meets Lifestyle! Unlock the potential of this exceptional mixed-use property located in the heart of downtown Winsted. Positioned on a bustling Main Street with excellent exposure and constant pedestrian traffic, this property is an outstanding opportunity for entrepreneurs, investors, or anyone looking to combine business ownership with residential living. The street-level commercial space is ready for its next chapter. Previously operating as a successful cafe, it includes a commercial kitchen setup with hood ventilation, refrigerator, restroom, and a spacious open layout that can easily accommodate a restaurant, coffee shop, boutique, salon, professional office, or countless other business concepts. Upstairs, you'll find a beautifully renovated three-bedroom apartment designed for modern comfort. Completely rebuilt down to the studs, the residence showcases a stylish new kitchen, updated windows, a newer roof, a private deck perfect for relaxing, and an energy-efficient on-demand hot water system. Separate gas and electric meters provide flexibility and convenience for owner-occupants or tenants alike. Just moments from Highland Lake, Route 44, shopping, dining, and all of Winsted's downtown attractions, this property offers incredible versatility. Live where you work, lease one or both units, or expand your investment portfolio with a property that offers excellent income-producing potential in a highly desirable location.
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Style
Units on different Floors
Year Built
1900
Living Area
1,909 sq ft
Lot Size
0.07 acres
Zoning
CB-3
Days on Market
4
MLS® Listing#
24190347
Property Features
Appliances
Cooling
Heating
Basement
Lot Features
Construction
Foundation
Roof
Sewer
Water Source
Schools
- Elementary:
- Per Board of Ed
- High:
- Per Board of Ed
Financial Details
HOA
None
Annual Taxes
$1,395
Parcel Number
927576
Directions
Call listing Broker
Affordability Calculator
$79,000
Estimated monthly payment
$2,102/mo
Principal $316,000 · Est. interest $440,848 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Winchester, CT
- $460,000
- Median Listing Price
- 33
- Median Days on Market
- 1,781
- Median Sq Ft
- $221
- Median Price / Sq Ft
- 21
- Active Listings
- This home’s price is 14% below the area median.
- Its price per sq ft is 6% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Winchester, CT.
Location
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Points of Interest in Winchester, CT
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 103 Cordano Road, Winchester, CT | $324,900 | 3 | 2 | 1,442 |
| 70 Walnut Street, Winchester, CT | $369,900 | 4 | 2 | 2,722 |
| 132 East Lake Street, Winchester, CT | $389,900 | 3 | 2 | 1,820 |
| 55 Walnut Street, Winchester, CT | $449,000 | 5 | 4 | 5,016 |
| 9 Loomis Street, Winchester, CT | $469,900 | 3 | 2 | 1,768 |
| 205 Old New Hartford Road, Winchester, CT | $499,900 | 6 | 5 | 2,864 |
Moving Cost Estimate
EXIT Agents in Winchester
Listing Courtesy: The Gonzalez Property Group - (718) 650-0292
Presented by: Arlene Gonzalez