Property profile

195-199 Main St Salisbury, CT 06068

OFF-MARKET
Office Spaces
2.55 ac lot
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Property summary

AI-generated overview

This exceptional commercial property, located at 195-199 Main Street in Salisbury, Connecticut, presents a unique investment opportunity. The 2.55-acre lot offers significant potential for development or redevelopment. Currently designated as office space and land, the property is ideally situated in the Northwest Hills county, offering easy access to local amenities and transportation routes. The asking price for this substantial holding is $2,020,000. The property's zoning and potential uses should be verified independently by prospective buyers. Given its size and location, this property is well-suited for a variety of commercial ventures. The existing structures, if any, would require a thorough assessment to determine their condition and suitability for continued use or potential demolition and new construction. Prospective buyers are encouraged to conduct their own due diligence to fully understand the property's potential and to confirm all aspects of its suitability for their intended use. The property's address is 195-199 Main Street, Salisbury, CT 06068. Detailed site plans and further information are available upon request. This is a rare opportunity to acquire a significant commercial property in a desirable Connecticut location.

Property profile

Verified
Property type Office Spaces
Lot 2.55 ac (111,078 SF)

Cap rate & NOI

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

Location

195-199 Main St Salisbury, CT 06068
Salisbury 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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