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Mixed-Use Property with Storefronts
For Sale
$279,900

8 , Scotland, CT 06264

Two ground-floor commercial spaces accompany a second-floor apartment near the post office and local amenities.

Property Size1,800 SF
Price / SF$89.03
Days on Market50

Property Features for 8

General Information

Standard status Active
Size 1,800 SF
Property subtype 3 Family
Lease Term Listing ID: 24200050, Standard Status: Active, MLS Status: Active, Property Subtype: 3 Family, 43 days on market

Building Details

Building Size 1,800 SF
Year Built 1800
Stories 2
Tenancy Multi
Listing Agency: RE/MAX Bell Park Realty
Listed By: Cary Marcoux · License #REB.0754402
Source: Iverty
Added: Aug 18 Changed: Oct 4 Last Checked: Oct 5 at 7:29PM

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 RE/MAX Bell Park Realty

Investment Insights

Based on property information with market context.

This mixed-use property at 8 Palmer Rd combines commercial and residential components in a two-level layout. The first floor contains two storefronts with street exposure and pedestrian visibility, while the second floor includes a two-bedroom apartment. The commercial spaces are identified as suitable for retail, office, restaurant, or service-oriented operations, subject to applicable requirements.

The property is in Scotland, CT, near the post office and local amenities. Walk Score is 12, characterized as car-dependent, and Bike Score is 27, characterized as somewhat bikeable. Built in 1800, the building offers a combination of storefront and apartment space within a central town setting.

Key Highlights

  • Two first‑floor commercial storefronts
  • Second‑floor 2‑bedroom apartment
  • Commercial space identified for retail, office, restaurant, or service uses

Property Analytics

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Current Use

Scotland Spirits (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Building Supply Auto Repair Shop Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby

Demographics for 06264, CT

109
Population
82
Households
1.3
Avg Household Size
41
Median Age
21%
College-Educated
99%
High-School Grad
1.5 sq mi
ZIP Area
73
Density / Sq Mi
$89,554
Median Household Income
$40,521
Median Earnings
$292,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two ground-floor commercial spaces accompany a second-floor apartment near the post office and local amenities.
Where is this mixed-use property located?
The property is located at 8 Scotland, CT.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Two first‑floor commercial storefronts; Second‑floor 2‑bedroom apartment; Commercial space identified for retail, office, restaurant, or service uses
More about this property
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