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    553 Portland-Cobalt Rd Portland, CT

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    For Lease
    $1,750 /Mo ($21 SF/Yr)

    Well-maintained office suite with high visibility on historic Route 66.

    Property size:
    1,000 SF
    Lot size:
    1.55 Acres

    Property Features for 553 Portland-Cobalt Rd

    General Information

    Size
    1,000 SF
    Lot size
    1.55 Acres

    Source: Carl Guild & Associates Agent Angela Aresco

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

    Overview

    Professional Office Suite on Route 66

    This spacious 1,000-square-foot office suite, located on the second floor of a well-maintained professional building directly on historic Route 66, is ideal for small teams or professionals. Previously occupied by a law office, the layout includes three private offices, a welcoming reception area or comfortable sitting room, and a private half bathroom. The location offers exceptional visibility and a large, prominent sign out front, providing an ideal setting to showcase a business and attract clients. The tenant will be responsible for a monthly charge of $100 for common use area expenses and for half of the upper floor electric bill, which has averaged approximately $150 per month. The tenant is responsible for creating signage outside, if desired. This property presents a fantastic opportunity to establish or start a new business in a professional setting with high exposure.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    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
    Portland
    County
    Middlesex
    State
    Connecticut
    Longitude
    -72.6406483
    Latitude
    41.5728766

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    FAQs

    What type of property is this?
    Office space - Well-maintained office suite with high visibility on historic Route 66.
    Where is this office space located?
    The property is located at 553 Portland-Cobalt Rd Portland, CT.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: - Prime location directly on historic Route 66 with exceptional visibility and prominent signage.; - Features three private offices, reception area/sitting room, and private half bathroom.; - Well-maintained professional building suitable for various professional uses.
    (860) 883-9005
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    553 Portland-Cobalt Rd Portland, CT
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    Portland, CT
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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
    553 Portland-Cobalt Rd Portland, CT
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