25 Main St Clinton, CT 06413
- Investment properties
- 1,860 SF
- 0.06 lot acres
Current Use by Public Records
- Dollar General / Dollar Store
- Italian Food Store.com, LLC / Grocery Store
Property Details for 25 Main St
- Year built
- 1880
- Construction
- FRAME
- Lot size
- 0.06 lot acres
- Property size
- 1,860 SF
- Zone code
- B-3
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- CLIN M:56 B:60 L:10
- APU
- CLINM56B60L10
Description
This exceptional 9,271 square foot commercial property, situated at 25 W Main Street in Clinton, CT, presents a unique investment opportunity. Boasting a prominent location on the main retail thoroughfare of Route 1, this 0.39-acre lot offers 283 feet of frontage, ensuring maximum visibility and accessibility. The property benefits from a high daily traffic count of 7,600 vehicles, guaranteeing significant exposure to potential customers. Its strategic location provides easy access to Interstate 95, just 0.8 miles or a three-minute drive away, and is conveniently close to local marinas and waterfront attractions. The building itself showcases a modern architectural design, incorporating high-end building materials, reflecting quality and durability. The versatile floor plan offers significant potential for various commercial uses. The zoning designation is B-2, allowing for a range of business types. Furthermore, the existing structure presents the possibility of developing a second floor into additional apartment units or office space, expanding the property's income potential and overall value. This property is ideally suited for businesses seeking a high-profile location with excellent visibility and convenient access to major transportation routes and recreational amenities. The combination of prime location, substantial size, and versatile zoning makes this an exceptional opportunity for a discerning investor or business owner.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $105,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $120,000
- 6.5%
- $120,000
- 7%
- $100,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $115,000
- Geo Method
- $120,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $105,000
- Retail
- $115,000
- Mixed-Use
- $95,000
- Hospitality
- $110,000
- Educational
- $115,000
- Residential Income
- $120,000
- Energy
- $95,000
- Income-Based Land
- $110,000
- Food Service
- $95,000
Location Insight
- Map
- Local Demand
- City
- Clinton
- County
- Middlesex
- State
- Connecticut
- Longitude
- -72.5256
- Latitude
- 41.2788
- CBSA code
- 25540
- CBSA name
- HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA