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    Main St Clinton, CT 06413

    For Lease
    Contact for pricing

    22,000 SF Development Opportunity

    Lot size:
    22,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 22,000 square foot retail development site presents a unique investment opportunity in the thriving town of Clinton, Connecticut. Located at 224-230 East Main Street, this property boasts a highly visible location in the heart of Clinton's "daily needs" retail district, sharing a traffic light with established anchors Stop & Shop and Walgreens. Its strategic position on Route 1, just minutes from I-95, ensures exceptional accessibility and high traffic volume. The entire 22,000 square feet is currently vacant, offering unparalleled flexibility for developers to create a customized retail center. A key feature is a 2,500 square foot pad site with drive-thru potential, ideal for a variety of businesses seeking convenient customer access. This property is situated in Middlesex County, Connecticut, and offers a blank canvas for a new retail development in a prime location with strong existing retail presence and convenient access to major transportation arteries. The zip code is 06413. This is an unparalleled chance to capitalize on a high-demand location and create a thriving retail destination. The property's size and location make it an attractive proposition for developers seeking to establish a new retail center in a high-traffic area.

    Property Features for 0 Main St

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,000 SF

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    2,500 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Clinton
    County
    Middlesex
    State
    Connecticut
    Longitude
    -72.5066644
    Latitude
    41.2720535

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    FAQs

    What type of property is this?
    Lifestyle center - 22,000 SF Development Opportunity
    Where is this lifestyle center located?
    The property is located at Main St Clinton, CT.
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    Main St 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
    Main St Clinton, CT 06413
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