8 River Rd Cornwall, CT 06754
This exceptional 6,053 square foot commercial property, situated on a picturesque one-acre lot along the Housatonic River in Cornwall, CT, presents a unique investment opportunity. The building offers significant versatility, suitable for a range of uses including artist studios, light industrial operations, warehousing, or office space. Its prime riverfront location provides a desirable and potentially lucrative setting for a variety of businesses. The property is currently in need of extensive renovations, offering a buyer the chance to customize the space to their exact specifications. This presents a blank canvas for a creative entrepreneur or investor seeking a substantial property with high potential. The building's substantial size, combined with its unique location and the possibility of owner financing, makes this a compelling proposition for those seeking a significant commercial investment in a highly desirable Connecticut town. The 1-acre lot provides ample space for expansion or outdoor activities related to the business. Serious inquiries are encouraged to explore the possibilities this property offers. The asking price is $250,000.
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.
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.