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    FOR SALE
    Commercial real estate

    1161 York St Guilford, Guilford, CT 06437

    0.56 ac lot
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US15-0597212
    Property summary
    AI-generated overview

    This exceptional commercial redevelopment opportunity presents a unique investment in Guilford, CT. The portfolio comprises two adjacent parcels totaling 0.56 acres at 1161 Boston Post Road and 7 York Street, situated on a high-traffic corner. The property includes three buildings offering diverse income streams and significant redevelopment potential. Building 1, a historic 2,793 square foot, four-family structure dating back to 1752, features one two-bedroom unit and three one-bedroom units. Building 2 is a 1,956 square foot freestanding retail building, easily subdividable to suit various business needs. Building 3 is a four-bay garage with a full second-floor, two-bedroom residential unit. The PRB1 zoning allows for expansive redevelopment options, making this property ideal for investors seeking to capitalize on its prime location and versatile buildings. The combined property offers 5,751 square feet of existing space. Annual property taxes for 1161 Boston Post Road are $14,591, and $6,207 for 7 York Street. This combined offering presents a comprehensive investment opportunity with substantial upside potential. The property's location and zoning make it suitable for a variety of commercial uses, from retail to residential development.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 0.56 ac (24,394 SF)
    Zoning code C-2
    APN GUIL M:46056
    UPID US15-0597212
    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
    $680k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $780k
    Owner & transaction history
    Skk Enterprise LLC · 4 yrs held
    Skk Enterprise LLC
    since 2022
    Last sale
    $795,000
    6 recorded transactions
    2022
    $795,000
    2017
    2015
    2014
    2013
    $1
    2012
    $1
    Zoning & alternative use
    C-2 · Guilford, CT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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