Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    14 West Main St, Unit 1B Avon, CT 06001

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $400 /Mo ($1.59 SF/Yr)

    First floor office space in a prime Avon location.

    Property size:
    3,011 SF
    Lot size:
    3,011 SF

    Property Features for 14 West Main St

    General Information

    Standard status
    Active
    Size
    3,011 SF

    Building Details

    Year built
    1884

    We can help!

    Listing Contact
    Michele Welcome
    Source: Corcoran

    Listing Agent: Michele Welcome

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

    Learn more

    Property Insight Report

    Overview

    Avon Office Space For Rent

    This is a spacious and bright first-floor office space located on Route 44 in Avon. The property is situated next to Doms and across from the Coffee Trade. Off-street parking is available in the parking lot behind the building. A handicap ramp provides accessibility. Utilities are included with the space. The first floor includes a shared bathroom and a shared break room. Immediate occupancy is available. The property size is 3011 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Avon Water Co Water Utility Company

    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
    Avon
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.8314067
    Latitude
    41.8103061

    Nearby Similar for Lease

    • $17 SF/Yr
      3,996 SF

      Avon Commercial Space For Lease

      Two commercial spaces available in central Avon location.
      296 Country Club Rd, Avon, CT 06001
      View Details
    • $18 SF/Yr
      7,500 SF

      Avon Commercial Office Space Available

      Two-room office space for lease in central Avon, Connecticut.
      395 West Avon Rd, Avon, CT 06001
      View Details
    • $7 SF/Yr
      72,135 SF

      Avon Industrial Facility For Lease

      Industrial facility in Avon, CT, suitable for warehousing or manufacturing.
      60 Security Dr, Avon, CT 06001
      View Details
    • $3,000 /Mo
      1,500 SF

      Avon Office Space For Lease

      First-class office building in Avon, CT, with easy access.
      46 West Avon Rd, Avon, CT 06001
      View Details
    • $5,000,000
      48,000 SF

      Avon Single-Story Industrial Building

      77,000 SF building with 48,000 SF available for lease.
      50 Tower Ln, Avon, CT 06001
      View Details
    • Contact for pricing
      2,000 SF

      Prestigious Office Space in Avon

      Prime office space in a vibrant, walkable mixed-use environment.
      23 Waterside Ct, Avon, CT 06001
      View Details
    • Contact for pricing
      58,445 SF

      Simsbury Commons Retail Center

      Prime Avon/Simsbury Retail Space Available
      0 Simsbury Rd, Avon, CT 06070
      View Details
    • $25 SF/Yr
      10,270 SF

      Avon Marketplace Retail Spaces

      Prime Avon retail, two spaces available.
      380 Main St, Avon, CT 06001
      View Details
    • Contact for pricing
      3,408 SF

      Avon Village Center Retail Space

      Prime Avon Retail Space - 3,408 SF
      32 Main St, Avon, CT 06001
      View Details
    • Contact for pricing
      620 SF

      Avon Office/Warehouse Space Available

      77,000 SF building with 48,000 SF available for lease.
      35 Tower Ln, Avon, CT 06001
      View Details
    • $20 SF/Yr
      10,000 SF

      Avon Executive Office Suites

      Class A Office Space, 1,153-2,563 SF
      60 Avon Meadow Ln, Avon, CT 06001
      View Details
    • $18 SF/Yr
      39,654 SF

      Avon Office Space: 135 Darling Dr

      Prime Avon office space, flexible layouts available.
      135 Darling Dr, Avon, CT 06001
      View Details

    FAQs

    What type of property is this?
    Office space - First floor office space in a prime Avon location.
    Where is this office space located?
    The property is located at 14 West Main St, Unit 1B Avon, CT.
    What is the lease rate?
    The lease rate is $1.59 SF/Yr.
    What are key features of this property?
    This property features: - Prime location on Rt 44 in Avon.; - Utilities included.; - Immediate occupancy available.
    (860) 416-0388
    Request Owner's contact information
    14 West Main St, Unit 1B Avon, CT 06001
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    14 West Main St, Unit 1B
    Avon, CT 06001
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    14 West Main St, Unit 1B Avon, CT 06001
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Michele Welcome
    (860) 416-0388
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.