Office Suite with Private
274 Silas Deane Hwy Unit 2, Wethersfield, CT 06109
For Sale
New
Contact for pricing
A second-floor professional workspace pairs open work areas with private office options and a dedicated restroom.
Property Size466 SF
Price / SF$6.44
Days on Market7
Property Features for 274 Silas Deane Hwy Unit 2
General Information
Standard status
Size
Space & Availability
Floor
Condition
Site & Location
Highway Access
Road Access
Additional Details
Property Use
Amenities
kitchenette
private deck
Building Details
Year Built
Listing Agency:
Berkshire Hathaway NE Prop.
Listed By:
Sylvia S. Russ
(203) 808-5555
Source:
Rhodeislandhomesforsale
Added: Nov 3
Changed: Nov 7
Last Checked: Nov 8 at 7:16AM
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 Berkshire Hathaway NE Prop.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 274 Silas Deane Hwy, Unit 2, this second-floor office suite includes open work areas, private office options, and a dedicated restroom. A kitchenette with a mini-fridge, built-in desk counters, and storage add practical interior features, while large window banks bring natural light into the space.
Sliding glass doors open onto a private second-story wooden deck overlooking greenery. Off-street parking is available in the lot.
Sliding glass doors open onto a private second-story wooden deck overlooking greenery. Off-street parking is available in the lot.
Key Highlights
- Second‑floor office suite at 274 Silas Deane Hwy, Unit 2, in Wethersfield, CT
- Private second‑story wooden deck with views of surrounding greenery
- Open work areas and private office options
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,228
Suggested Prices Based on Cap Rates
Cap Rate 5%
$144,560
$144.6K
Cap Rate 7%
$103,257
$103.3K
Cap Rate 9%
$80,311
$80.3K
Market Conditions
NOI Build-Up for 466 SF
Gross rent
$12.6K $27.00/SF
− Vacancy
−$2.9K −$6.32/SF
EGI
$9.6K $20.68/SF
− OpEx
−$2.4K −$5.17/SF
NOI
$7.2K $15.51/SF
Area
Hartford, CT
Vacancy
23.40%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$144,560
Cap Rate 7%
$103,257
Cap Rate 9%
$80,311
Alternative Uses
Best Use
Office B
$103.3K
$90.4K – $120.5K
NOI $7,228 @ 7.0% cap · market cap 240.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$138.9K
$121.5K – $162.1K
NOI $9,723 @ 7.0% cap · market cap 324.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
670
Businesses Nearby
Explore this area
Business Placement
Demographics for 06109, CT
27,298
Population
11,833
Households
2.3
Avg Household Size
44
Median Age
54%
College-Educated
95%
High-School Grad
12.3 sq mi
ZIP Area
2,219
Density / Sq Mi
$118,523
Median Household Income
$70,225
Median Earnings
$1,303
Median Rent
$300,500
Median Home Value
Market
Average Price Trend$/SF for Office Units in Hartford County, CT
Properties on Market for Office Units in Hartford County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - A second-floor professional workspace pairs open work areas with private office options and a dedicated restroom.
Where is this office unit located?
The property is located at 274 Silas Deane Hwy Unit 2 Wethersfield, CT.
What are key features of this property?
This property features: Second‑floor office suite at 274 Silas Deane Hwy, Unit 2, in Wethersfield, CT; Private second‑story wooden deck with views of surrounding greenery; Open work areas and private office options
