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    181 Main St Killingly, CT 06239

    Sponsored
    For Sale
    $450,000

    Historic Charm, Updated Amenities, High Visibility

    Property size:
    3,743 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 3,743 square foot commercial building, situated on a 0.16-acre lot at 181 Main Street in the heart of Killingly, CT, presents a unique investment opportunity. Its prominent corner location and tastefully landscaped exterior, featuring wrought iron fencing and attractive shrubbery, create an inviting and highly visible presence. The building boasts two separate units, each with its own entrance, offering flexibility for various business uses. Both units feature updated flooring, well-maintained amenities, kitchenettes, and two bathrooms. The first-floor unit includes a large, pre-installed desk/reception area, ideal for a professional office setting. Convenience is enhanced by elevator accessibility and a convenient ramp for easy entry. Ample parking is also available. The building is equipped with central air conditioning and two recently updated Buderus boilers (four years old), one for each unit, ensuring efficient and reliable heating. The property's historic character blends seamlessly with modern updates, making it an attractive option for a wide range of commercial ventures. This versatile space offers numerous possibilities for entrepreneurs and investors seeking a well-maintained, high-visibility property in a desirable location. The asking price is $450,000.

    Property Features for 181 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,743 SF
    Lot Size
    6,970 SF

    Building Details

    Year Built
    1800
    Location Intelligence

    Current Use by Public Records

    Sovereign Property Associates Real Estate Developer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Killingly
    County
    Windham
    State
    Connecticut
    Longitude
    -71.88274
    Latitude
    41.80638

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    FAQs

    What type of property is this?
    Commercial real estate - Historic Charm, Updated Amenities, High Visibility
    Where is this commercial real estate located?
    The property is located at 181 Main St Killingly, CT.
    What is the asking price?
    The asking price for this property is $450,000.
    (860) 412-9056
    Request Owner's contact information
    181 Main St Killingly, CT 06239
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    Killingly, CT 06239
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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
    181 Main St Killingly, CT 06239
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