2821 Main St, Glastonbury, CT 06033
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.