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    1159 Main St Coventry, CT 06238

    Sponsored
    For Sale
    $550,000

    Prime Coventry location, 8000 sq ft, high visibility.

    Property size:
    8,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 8,000 square foot commercial property, situated at 1159 Main Street in Coventry, CT, presents a unique investment opportunity. The building features three office/retail units on the main floor, ideal for a variety of businesses, and a spacious light assembly/warehouse unit on the ground floor, offering versatile usage options. Its prime location on Coventry's bustling Main Street ensures high visibility and easy access to a substantial customer base. The property's proximity to the University of Connecticut and major shopping centers in the Manchester area further enhances its appeal. The 1.5-acre lot provides ample space, including ten parking spaces in front and an additional ten spaces in a newly paved rear lot. Utilities include cable, electric, sewer, and telephone service, with a private well currently in place. Public water is conveniently available on the street. The Village Center Zone allows for a wide range of permitted uses, including office spaces, personal services, professional practices, art studios, and galleries. Special permits may allow for additional uses such as daycare centers, educational institutions (including preschools), food establishments, and inns/taverns, providing significant flexibility for potential buyers. This property offers a compelling blend of location, size, and versatility, making it an attractive investment for both established businesses and new ventures.

    Property Features for 1159 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    8,000 SF
    Lot Size
    65,340 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Preserved Antique Store Cody Carter Mobile ... Party Equipment Rental Service Hammerhead Health Health National Ribbon Corporation Manufacturer

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Coventry
    County
    Tolland
    State
    Connecticut
    Longitude
    -72.29943
    Latitude
    41.76762

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Coventry location, 8000 sq ft, high visibility.
    Where is this commercial real estate located?
    The property is located at 1159 Main St Coventry, CT.
    What is the asking price?
    The asking price for this property is $550,000.
    (860) 887-1122
    Request Owner's contact information
    1159 Main St Coventry, CT 06238
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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
    1159 Main St Coventry, CT 06238
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