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    Restored Mixed-Use Property on Main Title is generated by Realmo AI

    212 S Main Street, Thomaston, CT 06787

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    For Lease
    $2,000/Mo $27 SF/Yr (calc)

    COMMERCIAL - Thomaston, CT

    Property size:
    873 SF
    Lot size:
    0.23 Acres
    Added:
    May 22, 2026
    Days on Market:
    2
    Last Refresh:
    May 23 at 8:06 am

    Property Features for 212 S Main Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    GC
    Parking
    5
    Standard status
    Active
    Size
    873 SF
    Lot size
    0.23 Acres

    Utilities

    Utilities
    Phone Available, Cable Available
    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2

    We can help!

    Listing Contact
    Patti Guarantano

    Listing agent Patti Guarantano

    Listing office William Pitt Sotheby's Int'l 6 Green Hill Rd P.O. Box 329, Washington Depot, CT

    Listing date May 22, 2026

    MLS# 24176600

    Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Fully renovated mixed‑use property ideal for live/work lifestyle on Main Street.
    • Turnkey opportunity with complete interior and exterior restoration.
    • Elegant four‑room office suite suitable for various businesses.
    • Separate two‑bedroom apartment with modern updates including granite countertops and stainless appliances.
    • Convenient rear parking for approximately five vehicles.
    • Excellent visibility and accessibility on Main Street.

    Overview

    This fully renovated mixed-use property offers a rare opportunity to combine professional office space with stylish residential living in the heart of Thomaston. The property has undergone a complete interior and exterior restoration with exceptional attention to detail and quality craftsmanship throughout. The main level is an elegant four-room office suite ideal for a boutique business, professional practice, studio, or creative workspace. Upstairs is a separate two bedroom apartment offering refined modern living featuring a new kitchen with granite countertops and stainless appliances, updated bath, engineered wood flooring, updated lighting, fresh paint, new windows, doors, fixtures, and tile work throughout. Outside, the improvements continue with new landscaping, a paved driveway, and convenient rear parking for approximately five vehicles. This turnkey opportunity is located directly on Main Street with excellent visibility and accessibility. The property size is 873 square feet and the lot size is 0.23 acres. The zoning is GC.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Thomaston
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.0789816
    Latitude
    41.6683045

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      Established Flower Shop Opportunity

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    • Contact for pricing

      Commercial Space For Lease

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    FAQs

    What type of property is this?
    Mixed-use property - Renovated mixed-use property with office and residential spaces.
    Where is this mixed-use property located?
    The property is located at 212 S Main Street Thomaston, CT.
    What is the lease rate?
    The lease rate is $2,000 /Mo.
    What are key features of this property?
    This property features: Fully renovated mixed‑use property ideal for live/work lifestyle on Main Street.; Turnkey opportunity with complete interior and exterior restoration.; Elegant four‑room office suite suitable for various businesses.
    (203) 231-9288
    We can help!
    Listing Contact
    Patti Guarantano
    Request Owner's contact information
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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