$230,000
$350,000
34.3%For more information regarding the value of a property, please contact us for a free consultation.
9,564 SqFt
SOLD DATE : 10/15/2023
Key Details
Sold Price $230,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 9,564 sqft
Price per Sqft $24
MLS Listing ID 170539533
Sold Date 10/15/23
Year Built 1940
Annual Tax Amount $8,983
Lot Size 10,018 Sqft
Property Description
Welcome to 745 Main Street in the heart of Windham, CT. Investors, take note of this 3-level commercial space that provides endless opportunities for both commercial and residential use. Originally a Woolworths building, then long time Sporting Goods Store this is Willimantic's only remaining Art Deco Period buildings. The basement level provides ample storage space, with the second (main) level currently vacant and open for a great business opportunity. Conveniently located near both Eastern Connecticut State University and the University of Connecticut (UCONN), this property has a lot of potential for students looking for housing as this is in a B1 zoning location! The third level formerly used as an office space, has the ability to be converted into Studio, 1-2 bedroom apartments for students looking for housing close to campus. An additional benefit to purchasing this property is that it is located in one of Connecticut's Federally recognized Opportunity Zones which provides significant long term tax savings for the new owner. Do not miss your opportunity to own this Gem of Willimantic history. Schedule your showing today!
Location
State CT
County Windham
Zoning B1
Interior
Heating Hot Water
Cooling None
Exterior
Exterior Feature Sidewalk
Parking Features On Street Parking, Off Street Parking
Utilities Available Electric Available, Phone Available, Cable Available
Roof Type Other
Building
Lot Description Level Lot
Story 3
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
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Bought with Gregory Clancy • eXp Realty
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