Technical
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Property profile

2821 Main St Glastonbury, CT 06033

OFF-MARKET
Retail properties & Spaces
1 ac lot Built 1974
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Property summary

AI-generated overview

This exceptional 4,513 square foot commercial property, located at 2821 Main Street in Glastonbury, Connecticut, presents a unique investment opportunity. Built in 1974, this single-story building sits on a one-acre lot and features four units, ideal for a variety of uses including medical offices, restaurants, or traditional office spaces. The property boasts excellent visibility due to its corner location at the intersection of Main Street and Spring Street, a high-traffic area. The permitted zoning is PBD. City water, sewer, and gas services are readily available. Multiple utility meters allow for flexible space subdivision to suit individual tenant needs. A significant advantage is the inclusion of two adjacent lots totaling an additional 0.40 acres, perfect for expanding parking. Comprehensive documentation, including plans and a traffic study, is available to support potential development or redevelopment plans. The asking price is $1,375,000. This property offers a compelling combination of location, versatility, and expansion potential, making it an attractive investment for discerning buyers.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1974
Lot 1 ac (43,560 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2821 Main St Glastonbury, CT 06033
Glastonbury metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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