621 Terryville AveBristol, CT 06010

Property Details for 621 Terryville Ave

Year built

2002

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.50 AC

Property size (Sq ft)

5,778 SF

Zone code

R-15

Property type

Other commercial real estate

Property subtype

Showrooms

APN

BRIS M:67 L:43N

APU

BRISM67L43N

Description

This exceptional 6,570-square-foot commercial property in Bristol, Connecticut, presents a unique investment opportunity. Located at 621 Terryville Avenue in Hartford County (zip code 06010), this single-tenant building boasts a timeless solid brick exterior and is situated on a high-traffic route. The property features a fully finished lower level, including a spacious apartment with 2-3 bedrooms, a stunning new custom bathroom with a walk-in shower, a separate washroom, and a private entrance. The main commercial space offers 10-11 rooms (originally exam rooms) and 4 offices, with two currently configured as a large conference room. Recent renovations include new flooring and tasteful finishes throughout. Exterior improvements include a brand-new deck with a hard-top gazebo and professionally landscaped grounds. Ample parking is provided with over 30 spaces, and the property offers potential for expansion. Ideal for a variety of uses, including medical clinics, spas, recording studios, or professional offices. This pristine property offers a peaceful setting and significant potential for a discerning buyer. The property is classified as Retail and Office, with a subtype of Executive Office and Commercial.

• CAP approach

  CAP return

  Valuation

  6%

  $1,404,256

  6.5%

  $1,296,236

  7%

  $1,203,648

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,902,483

  Geo Method

  $1,902,483

• Alternative Use

  Use

  Valuation

  Residential

  $1,093,424

  Hospitality

  $1,001,570

  Educational

  $833,295

  Medical

  $861,953

  Retail

  $1,296,236

Location Insight

City

Bristol

County

Hartford

State

Connecticut

Latitude

41.6807

Longitude

-72.9714

CBSA code

25540

CBSA name

HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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