Property profile

887 Stafford Rd Mansfield, CT 06268

OFF-MARKET
Retail properties & Spaces
2,004 SF 1.8 ac lot Built 1945
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Property summary

AI-generated overview

This exceptional redevelopment opportunity presents a vacant, 2,004 square foot bar located at 887 Stafford Rd, Mansfield, CT 06268. Situated on a 1.8-acre lot in a RAR90 zone, this property offers significant potential for various uses, subject to necessary approvals or potential zoning changes. The asking price is $350,000, translating to $174.65 per square foot. Built in 1945, the two-story building boasts 100% stone construction, featuring soaring ceilings, large windows, intricate trim details, and barrel-rolled ceilings – architectural elements rarely found in modern construction. Currently vacant, the property is available for occupancy on June 24, 2024. Note that there is no existing well or septic system

Property profile

Verified
Property type Retail properties & Spaces
Year built 1945
Total area 2,004 SF
Lot 1.8 ac (78,408 SF)

Cap rate & NOI

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

Location

887 Stafford Rd Mansfield, CT 06268
Mansfield metro
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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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