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    2 Perry Ave Portland, CT 06480

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    For Lease
    Contact for pricing

    Commercial spaces available in Portland, Connecticut's new town center.

    Property size:
    5,244 SF
    Lot size:
    14.98 Acres

    Property Features for 2 Perry Ave

    General Information

    Size
    5,244 SF
    Lot size
    14.98 Acres

    Source: CBRE | Hartford Agent Jennifer Gosselin

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

    Overview

    New Mixed-Use Development Space

    Commercial spaces are available for lease at Brainerd Place, a mixed-use development in Portland, Connecticut. This under-construction town center development offers spaces ranging from 1,470 to 20,000 square feet in various buildings. The development includes 230 residential apartments and will feature updated historic buildings. A rooftop bar and restaurant space of approximately 8,000 square feet is planned. The location benefits from a traffic count of approximately 29,000 ADT. Starbucks will also be joining the development. The property is suitable for retail, restaurants, medical offices, and general office use.
    Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Similar Places Nearby

    Portland Shopping Center, Coin Cloud Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Middlesex
    State
    Connecticut
    Longitude
    -72.6371856
    Latitude
    41.5713518

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    FAQs

    What type of property is this?
    Shopping center - Commercial spaces available in Portland, Connecticut's new town center.
    Where is this shopping center located?
    The property is located at 2 Perry Ave Portland, CT.
    What are key features of this property?
    This property features: - New Town Center Development Under Construction; - Mixed-use development: residential apartments/retail/medical/office; - 1,470-20,000 SF available in various buildings
    (860) 525-9171
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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
    2 Perry Ave Portland, CT 06480
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