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    239 Spencer St Manchester, CT 06040

    For Sale
    Contact for pricing

    Commercial land with retail potential in a strong residential area.

    Property size:
    71,612 SF
    Lot size:
    21.19 Acres

    Property Features for 239 Spencer St

    General Information

    Size
    71,612 SF
    Lot size
    21.19 Acres

    Source: CBRE | Boston Agent Rob Robledo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land in Manchester, CT

    This commercial land, zoned General Business (GB), offers the potential to add up to 155,000 square feet of retail space. The property features approximately 450 feet of frontage and benefits from a signalized intersection. It is located in close proximity to a strong residential area. The property size is 71,612 square feet.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.5713088
    Latitude
    41.7689706

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    FAQs

    What type of property is this?
    Commercial land - Commercial land with retail potential in a strong residential area.
    Where is this commercial land located?
    The property is located at 239 Spencer St Manchester, CT.
    What are key features of this property?
    This property features: - Potential to add up to 155,000 SF of retail; - Zoned: General Business (GB); - Boasts ±450’ Frontage
    (617) 908-0745
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    239 Spencer St Manchester, CT 06040
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    Manchester, CT 06040
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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
    239 Spencer St Manchester, CT 06040
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