90 Lower Butcher Rd Ellington, CT 06029
This exceptional Ellington, CT property, located at 90 Lower Butcher Road, presents a unique investment opportunity. Priced at $450,000, this 3,636 square foot building sits on land zoned for industrial/commercial use. Previously a dance studio, the versatile first floor space features a reception area, a large studio with floating oak floors (easily divisible into two separate areas), ample storage, and two half baths (one handicapped accessible). Upstairs, a two-bedroom apartment offers a full bath, eat-in kitchen, living room with fireplace, skylights, and large windows. Private access and a separate driveway serve the apartment, which could be owner-occupied or rented for additional income. The property boasts a paved, lighted parking lot with designated handicapped parking, plus a gravel overflow lot. Recent upgrades include a York gas furnace and condenser (2021), a 4-ton commercial York unit (2021), and a 2015 roof replacement (including the flat roof and deck). An additional commercial unit was installed in 2011. This property is ideal for a variety of uses, including a dance studio, office space, yoga studio, or retail establishment. Its flexible layout and recent renovations make it a truly attractive investment.
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Aprille's Danceprints LLC Training Center
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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