For Sale
Property summary
This exceptional 1.61-acre commercial land parcel presents a prime opportunity for retail development in the thriving town of Coventry, Connecticut. Located at 1340 Main Street, this property boasts unparalleled visibility on a major thoroughfare, benefiting from high traffic counts of 6,400 vehicles per day at the intersection of Main Street and Stonehouse Road. The site includes a 4,476 square foot existing building, offering potential for immediate use or redevelopment. The property is zoned VG, providing flexibility for a variety of retail uses. A completed environmental report is available, streamlining the due diligence process for prospective buyers. Its strategic location places it near numerous established businesses and amenities, ensuring strong customer traffic and convenient access for employees and customers. This is an exceptional opportunity to acquire a well-positioned commercial land parcel in a desirable Connecticut location, ready for immediate development or redevelopment. The asking price is $225,000. The property's address is 1340 Main Street, Coventry, CT 06238. The parcel is situated in Tolland County.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
VG · Coventry, CTZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for VG in Coventry, CT.
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Find the owner behind the property.
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