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    250 E Main St Clinton, CT 06413

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    For Sale
    $2,400,000

    Fully leased retail and office property with long-term tenants.

    Lot size:
    1.30 Acres

    Property Features for 250 E Main St

    General Information

    Lot size
    1.30 Acres

    Building Details

    Year built
    1989

    Source: Lyman Real Estate Agent Penny Parker

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

    Overview

    Retail and Office Investment Property

    This well-maintained property in Clinton is fully leased and features a mix of retail and office spaces. The tenant roster includes Key Bank (with a drive-thru), Clinton Paint & Decorating, Clinton Family Dentistry, Allstate Insurance, and a consulting office. Additionally, the property includes two apartments. The property is offered with a 7.5% cap rate.
    Insight Report Location Intelligence

    Current Use by Public Records

    KeyBank Bank KeyBank ATM Atm

    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.

    Similar Places Nearby

    Coinstar Kiosk | Bitcoin ATM, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Clinton
    County
    Middlesex
    State
    Connecticut
    Longitude
    -72.5035985
    Latitude
    41.2709412

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    FAQs

    What type of property is this?
    Shopping center - Fully leased retail and office property with long-term tenants.
    Where is this shopping center located?
    The property is located at 250 E Main St Clinton, CT.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: - Fully leased retail and office property; - Attractive 7.5 Cap Rate; - Long term tenants including Key Bank with drive thru
    (860) 575-1855
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    250 E Main St Clinton, CT 06413
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    Clinton, CT 06413
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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
    250 E Main St Clinton, CT 06413
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