1 Lake Street, Winchester, CT 06098
Litchfield County
Key Facts
Description
Flexible Commercial Building Medical * Office * Wellness * Redevelopment Opportunity 1 Lake Street presents a rare opportunity to acquire a highly adaptable commercial property in the heart of Winsted, Connecticut. Offering a flexible layout and strong potential for a variety of commercial uses, this property is well suited for owner-users, investors, medical professionals, and developers seeking a strategic location with long-term upside. The building can accommodate a wide range of permitted and potential uses, including: Medical and dental offices Outpatient healthcare services Professional office suites Physical therapy or rehabilitation facilities Fitness center or health club Wellness and specialty healthcare practices Educational or training facilities Community or nonprofit organizations The property's adaptable floor plan provides the flexibility to configure the space for a single occupant or multiple tenants, creating opportunities for both owner occupancy and income-producing investment. Situated near downtown Winsted, the property offers convenient access to local businesses, municipal services, and surrounding residential neighborhoods. Its accessible location and commercial setting make it an attractive destination for employees, patients, and customers.
Property Information
Property Type
Commercial Sale
Year Built
1986
Living Area
4,800 sq ft
Lot Size
0.31 acres
Parking Spaces
12
Zoning
IB-3
Days on Market
24
MLS® Listing#
24191570
Property Features
Cooling
Heating
Parking
Lot Features
Construction
Foundation
Roof
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$8,379
Parcel Number
927589
Directions
Route 44 to Lake Street
Affordability Calculator
$69,980
Estimated monthly payment
$1,862/mo
Principal $279,920 · Est. interest $390,513 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 24% below the area median.
- Its price per sq ft is 67% 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 |
|---|---|---|---|---|
| 321 Colebrook Road, Winchester, CT | $250,000 | — | — | — |
| 436 Main Street, Winchester, CT | $250,000 | — | — | 2,177 |
| 147 E. Wakefield Boulevard, Winchester, CT | $269,900 | 2 | 1 | 702 |
| 393 Winchester Road, Winchester, CT | $295,000 | — | — | — |
| 103 Cordano Road, Winchester, CT | $324,900 | 3 | 2 | 1,442 |
| 70 Walnut Street, Winchester, CT | $369,900 | 4 | 2 | 2,722 |
Moving Cost Estimate
EXIT Agents in Winchester
Listing Courtesy: Smith & DeGroat Real Estate - (860) 480-0357
Presented by: Ryan Horvay