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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

115/124 First St Seymour, CT 06483

12,980 SF 0.8 ac lot Built 1922
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property, located at 115/124 Main Street and 20 1st Street in Seymour, Connecticut, presents a compelling investment opportunity. The 12,980 square foot building, constructed in 1922, sits on a 0.8-acre lot and boasts a strong net operating income (NOI) of $80,000. The property is zoned CBD1, allowing for a variety of uses. The building is a two-story structure featuring a blend of office and retail spaces, currently occupied by a mix of tenants. A key advantage is the inclusion of a separate parking lot and a convenient rear drive-through, enhancing both functionality and accessibility. This property offers significant long-term investment potential due to its prime location in Seymour, CT, its substantial size, and its healthy NOI. The building's history and character combine with modern conveniences to create a unique and attractive investment opportunity. Serious inquiries are encouraged to explore the full potential of this remarkable property. The asking price is $2,450,000.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1922
Total area 12,980 SF
Lot 0.8 ac (34,848 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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