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    51 Mill Rd Guilford, CT 06437

    For Sale
    $395,000

    Unique retail opportunity in historic Guilford with business potential.

    Property size:
    2,400 SF
    Lot size:
    0.07 Acres

    Property Features for 51 Mill Rd

    General Information

    Size
    2,400 SF
    Lot size
    0.07 Acres

    Source: Coldwell Banker Realty | Westport Agent Adriana Radu

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

    Overview

    Historic Guilford Building by Millpond

    This historic building in Guilford presents a unique business opportunity, situated alongside the Millpond. Currently operating as a tile shop, the property features a 1200-square-foot showroom with captivating views, an office space, and a bathroom. The basement area offers potential for expansion or additional showroom space. The West River flows beneath the building, creating a unique ambiance. The property's flexibility allows for various uses, including maintaining the current tile shop and showroom, transforming the space into an art gallery, or establishing a professional office. The building size is 2400 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Tile Shop Tile Contractor

    Suggested Use

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

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

    Similar Places Nearby

    Tile Shop, GENROSE Stone and Tile | Guilford CT, Artisan Tile Kitchen and Bathroom Showroom

    Location Insight

    • Map
    • Local Demand
    City
    Guilford
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.690375
    Latitude
    41.2901017

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    FAQs

    What type of property is this?
    Showroom - Unique retail opportunity in historic Guilford with business potential.
    Where is this showroom located?
    The property is located at 51 Mill Rd Guilford, CT.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: - Prime location in the heart of Guilford, alongside the Millpond, offering captivating views and high visibility.; - Spacious 1200 sq ft showroom, ideal for retail or display purposes.; - Unique historical building with inherent charm and character.
    (203) 247-5215
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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
    51 Mill Rd Guilford, CT 06437
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