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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

90 Lower Butcher Rd Ellington, CT 06029

3,636 SF Built 1989
Property ID
Property summary
AI-generated overview

This exceptional 3,636 square foot creative office building, situated on 90 Lower Butcher Road in Ellington, Connecticut, presents a unique investment opportunity. Built in 1989 and spanning two stories, the property is ideally located in an industrial/commercial zone. Previously used as a dance studio with an upper-level apartment, its adaptable layout offers diverse possibilities, including office space, yoga studio, or retail use. The main level features a reception area, a large studio space with floating oak floors (easily divisible into two separate areas), ample storage, and two half-bathrooms (one handicapped accessible). Upstairs, a two-bedroom apartment boasts a full bath, a deck with scenic views, a washer/dryer, an eat-in kitchen, and a spacious living room with a fireplace, skylights, and large windows. The apartment offers potential for owner occupancy or rental income, with its own separate entrance and driveway. Extensive parking is available, including a paved, lighted lot with handicapped spaces and an additional gravel lot. Recent upgrades include a York gas furnace and condenser (2021), a commercial York 4-ton unit (2021), and a 2011 commercial unit. The roof, including the flat roof and deck, was replaced in 2015. The asking price for this versatile property is $450,000. The property's zip code is 06029, located in Tolland County.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1989
Total area 3,636 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
Current use
Occupant on record · Public records
  • Aprille's Danceprints LLC Training Center
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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