Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Main Street Commercial Space Title is generated by Realmo AI

    246 Main St, Windsor Locks, CT 06096

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Versatile commercial space in a rapidly developing area.

    Type:Retail, Office
    Property size:
    8,413 SF
    Lot size:
    0.47 Acres
    Price / SF:
    $115/SF
    Added:
    Mar 25, 2026
    Days on Market:
    49
    Last Refresh:
    Mar 25 at 8:58 pm

    Property Features for 246 Main St

    General Information

    Standard status
    Active
    Size
    8,413 SF
    Lot size
    0.47 Acres
    Property subtype
    Retail, Office

    Building Details

    Year Built
    1954

    We can help!

    Listing Contact
    Ben Bolotin
    Ben Bolotin

    Listing agent Ben Bolotin License #MA 9582125

    Listing office REGION CO LLC

    Listing date Mar 25, 2026

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of REGION CO LLC

    HighLights

    • High visibility location on Main Street in Windsor Locks' primary commercial corridor.
    • Flexible 8,413 sq ft layout suitable for various commercial or service‑oriented uses.
    • Convenient access to Interstate 91, Bradley International Airport, and Windsor Locks train station.
    • Situated on approximately 0.47 acres.
    • Positioned among established local businesses, restaurants, and neighborhood amenities.
    • Located in a vibrant and rapidly developing area.

    Overview

    Located on Main Street in Windsor Locks, CT, the property at 246 Main Street offers approximately 8,413 square feet of space on a 0.47-acre lot. Its location along Main Street provides high visibility within Windsor Locks’ primary commercial corridor. The building's flexible layout is suitable for various commercial or service-oriented uses, with convenient access for customers and employees. The site benefits from connections to Interstate 91, Bradley International Airport, and the Windsor Locks train station, facilitating regional access. Positioned among established local businesses, restaurants, and neighborhood amenities, this commercial space is located in a vibrant and rapidly developing area of Windsor Locks.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties & Spaces

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Windsor Locks
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.6283651
    Latitude
    41.9330481

    Nearby Similar for Sale

    • $1,400,000
      6,102 SF

      Versatile Commercial Property Near Airport

      Adaptable commercial asset with redevelopment potential near Bradley Airport.
      377 South Center Street, Windsor Locks, CT 06096
      View Details
    • $329,900

      Updated Two-Family Home

      Meticulously maintained two-family home with modern updates and strong functionality.
      31 Suffield St, Windsor Locks, CT 06096
      View Details
    • $129,900
      25,509 SF

      Established Auto Repair Business For Sale

      Operating since 2004, includes equipment, favorable lease terms.
      68 King Spring Road, Windsor Locks, CT 06096
      View Details
    • $3,864,000
      5,710 SF

      Ruby Tuesday NNN Lease Property

      Corporately guaranteed NNN lease with zero landlord responsibility.
      101 Ella Grasso Tpke, Windsor Locks, CT
      View Details
    • Contact for pricing
      451,909 SF

      Windsor Locks Warehouse Opportunity

      451,909 sq ft warehouse near Bradley Airport.
      295 Ella Grasso Turnpike, Windsor Locks, CT
      View Details
    • $850,000
      5,680 SF

      Licensed Property Near Airport

      Commercial property licensed for used car dealership near airport.
      15 King Spring Rd, Windsor Locks, CT 06096
      View Details

    FAQs

    What type of property is this?
    Retail property - Versatile commercial space in a rapidly developing area.
    Where is this retail property located?
    The property is located at 246 Main St Windsor Locks, CT.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: High visibility location on Main Street in Windsor Locks' primary commercial corridor.; Flexible 8,413 sq ft layout suitable for various commercial or service‑oriented uses.; Convenient access to Interstate 91, Bradley International Airport, and Windsor Locks train station.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Ben Bolotin
    Ben Bolotin
    Real Estate License ID: MA 9582125
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    246 Main St, Windsor Locks, CT 06096
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!