For Sale
$860,000

108 Lake StWinsted, CT 06098

75-Unit Assisted Living, $860,000

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 27,570-square-foot assisted living facility, located at 108 East Lake Street in Winsted, Connecticut, presents a unique redevelopment opportunity. Currently vacant, this single-story, 75-unit property sits on a 1.78-acre lot and was built in 1966. The property is zoned R-3, offering flexibility for various healthcare and hospitality uses. The building's substantial size and prime location in Litchfield County provide significant potential for a variety of adaptive reuse projects. The property's vacant status allows for complete customization and modernization to meet current market demands. This is an ideal investment for developers seeking to capitalize on the growing need for senior care facilities in the area. The property's size and zoning allow for expansion or the addition of complementary services. Multiple conceptual plans are available for review. This is a chance to acquire a substantial property with significant upside potential in a desirable Connecticut location. The address is easily accessible, offering convenience for residents and staff. This property is ready for a visionary developer to transform it into a thriving assisted living community. Further information and conceptual plans are available upon request. The asking price is $860,000.

Highlights

  • 27,570-square-foot assisted living facility in Winsted, CT.
  • Vacant, single-story building on a 1.78-acre lot.
  • 75-unit capacity, built in 1966, R-3 zoning.
  • Significant redevelopment potential for healthcare or hospitality uses.
  • $860,000 asking price.

Property Details for 108 Lake St

Property type
Hospitality properties
Square Feet
27,570 SF
Year Built
1966
Stories
1
Lot Size (sq. ft)
77,537 SF
Units
75

Location Insight

City
Winsted
County
Litchfield
State
Connecticut
Latitude
41.9197317
Longitude
-73.0784577
108 Lake St, Winsted, Connecticut

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108 Lake St
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