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Property profile & analytics
FOR SALE
Office buildings

97 Main St Vernon, CT 06066

11,596 SF 0.68 ac lot Built 1880
Entity Owned 7-yr Hold Free & Clear
Property ID
US15-0896619
Property summary
AI-generated overview

This exceptional 13,475 square foot property located at 97 Main Street, Vernon, CT, presents a unique investment opportunity. The building, formerly the historic Talcott Brothers Schoolhouse, sits on a 0.68-acre lot within the charming Talcottville Historic District. Its prime location offers easy access to Interstate 84 and benefits from a walkable neighborhood with nearby retail, restaurants, and a trail system. The exterior has undergone a significant restoration, boasting a brand new 50-year guaranteed GAF roof with full ice and water barrier, new sheathing and gutters, and substantially all new custom windows by GreenMountain. The brickwork and chimney have been expertly repointed, and the bell tower features a new slate roof. All asbestos has been removed, with reports available upon request. The interior has been substantially gutted, providing a blank canvas for a variety of uses. Ample on-site parking is available, and multiple water mains serve the property. Potential uses include a large historic home with a private gymnasium or multifamily conversion (subject to zoning approval). Seller financing may be considered for qualified buyers. This property offers a rare blend of history, functionality, and location, making it an ideal investment for discerning buyers. The asking price is $795,000.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1880
Construction STEEL FRAME
Total area 11,596 SF
Lot 0.68 ac (29,621 SF)
Zoning code R-27
APN VERN M:01 B:158A L:00013
UPID US15-0896619
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Vernon Schoolhouse LLC · 7 yrs held
Vernon Schoolhouse LLC
since 2018
1 recorded transaction
2018
$200,000
Zoning & alternative use
R-27 · Vernon, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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