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    8 Holley St Lakeville, CT 06039

    Sponsored
    For Sale
    Pending
    $895,000

    Commercial For Sale - Salisbury, CT

    Property size:
    13,162 SF
    Lot size:
    0.60 Acres
    Days on Market:
    188
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 8 Holley St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    Comm/Ind
    APN
    870228
    Parking
    20
    Parking features
    Parking Lot, Paved or Surfaced
    Size
    13,162 SF
    Lot size
    0.60 Acres

    Utilities

    Heating system
    Baseboard, Oil, Other (Heating)
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1866
    Roof type
    Other
    Architectural style
    Other

    William Pitt Sotheby's Int'l (860) 868-6920 [email protected]

    Listing agent Stephen Pener (860) 927-1141

    Listing date Jul 2, 2025

    MLS# 170437351 Listing URL

    Copyright © 2025 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.

    Overview

    Historic Mixed-Use Pocketknife Square

    Pocketknife Square is a historically significant building located at the entrance to Lakeville's Town Grove. Originally built in 1866, the main brick building currently features a mix of uses including office, residential, and restaurant spaces. The first floor, previously occupied by an architecture firm, includes a large open work area with white-washed beams and windows on all sides. The second floor is leased as office space and divided into smaller private work spaces. The third floor contains a three-bedroom, one-bath apartment with exposed beams and views of the village of Lakeville. A second smaller building, added in 1867, was most recently leased as office space, with approximately 1,000 square feet of work space on the first floor, a small kitchenette, and a half bath, plus an additional 800 square feet of loft space above. A lower level connects the two buildings and was most recently used as a locally renowned restaurant, featuring approximately 1,800 square feet of dining area and a large kitchen and prep area. The property is situated on a 0.6-acre lot. The building has a total size of 13,162 square feet. The property is being sold as is, non-contingent offers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    McKenzie Becker & Stevens ... Debt Collection Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Nail Salon Gym & Fitness Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakeville
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.440917
    Latitude
    41.963532

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    FAQs

    What type of property is this?
    Mixed-use property - Historically significant mixed-use property with office, residential, and restaurant spaces.
    Where is this mixed-use property located?
    The property is located at 8 Holley St Lakeville, CT.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: - Historically significant building in a prime location, Pocketknife Square.; - Mixed-use property with income potential for office, residential, and restaurant.; - Includes a three-bedroom apartment on the third floor with exposed beams and village views.
    (203) 470-0393
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    8 Holley St Lakeville, CT 06039
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    Realmo Value Estimation

    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.

    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.

    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
    8 Holley St Lakeville, CT 06039
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