54 North St, Willimantic, CT 06226

Executive Summary:
Property Overview:
54 North Street is a commercial building situated in the heart of Willimantic, Connecticut's downtown business district. This property boasts a gross living area of 11,477 square feet and was originally constructed in 1930. Major renovations in 2012, led by Perception Programs, transformed the space to support a Behavioral Therapy model, creating a modern, functional floor plan that aligns with the needs of service-oriented organizations. Consider that this property has been maintained at a higher level to qualify for state funded programs.
Zoning and Infrastructure:
• Zoning: B1
• Frontage: 100 feet
• Utilities: Public water and sewer
This zoning and infrastructure make the property ideal for various uses, including shared workspaces, start-up incubators, office administration, training schools, or retail establishments.
Location:
Located between Valley and Meadow Streets, the property is strategically positioned near all local services, enhancing its accessibility and convenience. Willimantic, known as "Thread City," is a prominent census-designated area within Windham, a town incorporated in 1692. The nickname reflects its rich history as a center of the textile industry in the 19th century, with numerous mills along the Willimantic River contributing significantly to the local economy.
Historical Context:
Willimantic's history is deeply tied to the rise of the textile industry, particularly through The American Thread Company, which played a pivotal role in the city's growth. The city also became a major rail hub in the early 20th century, with up to 100 trains passing through daily. This industrial boom led to the development of ornate Victorian homes, particularly in the Prospect Hill section, and attracted a diverse population of immigrant workers.
Demographics:
• 1-mile radius: Population: 14,099 | Average Income: $46,991
• 3-mile radius: Population: 27,275 | Average Income: $61,529
• 5-mile radius: Population: 36,424 | Average Income: $72,070
• 10-mile radius: Over 28,500 students in high school or college
Conclusion:
54 North Street represents a unique opportunity to own a piece of Willimantic's history while benefiting from modern renovations tailored to a specialized service model. Its central location within a historically rich and evolving community, combined with flexible zoning and infrastructure, makes it an attractive option for businesses and organizations looking to establish a presence in this vibrant area. Contact the listing agent for scheduled showing time. Property is being sold "As-Is".