887 Stafford Rd Mansfield, CT 06268
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
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
Similar Nearby for Lease
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.