8 Independence Dr Marlborough, CT 06447
- Commercial real estate
- 1,641 SF
Current Use by Public Records
- Middlesex Chiropractic / Chiropractor
- Dr. Michael D. Reife DC / Chiropractor
- Marlborough Country Bakery / Breakfast Restaurant / Bakery
- Comprehensive Foot Care LLC / Podiatrist
- Tousled Salon / Hair Salon
Property Details for 8 Independence Dr
- Year built
- 1977
- Property size
- 1,641 SF
- Zone code
- GC
- Property type
- Commercial real estate
- APN
- MARL M:0006 B:0026 L:3M-E
- APU
- MARLM0006B0026L3ME
Description
This exceptional Marlborough, CT commercial property at 8 Independence Drive Unit C presents a lucrative investment opportunity. The 960-square-foot building houses a well-established bakery with a decades-long history of positive customer reviews and impressive financial performance. Generating approximately $1.5 million in annual revenue, this business offers significant potential for further growth and increased profitability. Beyond its successful bakery operation, the property holds a valuable license permitting operation as a bar, restaurant, or pizzeria, opening doors to diverse revenue streams and catering to a wider customer base. A recent interior renovation ensures a modern and functional space, ready for immediate operation. The property also includes a secondary unit, ideal for storage or office use, adding to its overall practicality and value. The property is located in Marlborough, CT, offering easy access to local amenities and a strong customer base. This turnkey operation presents a rare chance to acquire a profitable, established business with multiple operational possibilities and significant upside. The asking price is $1,200,000. This is an exceptional opportunity for an investor seeking a high-return commercial property with established revenue and diverse operational flexibility.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $235,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $255,000
- 6.5%
- $255,000
- 7%
- $250,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $270,000
- Geo Method
- $280,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $225,000
- Retail
- $200,000
- Mixed-Use
- $205,000
- Hospitality
- $195,000
- Educational
- $205,000
- Residential Income
- $200,000
- Energy
- $260,000
- Income-Based Land
- $245,000
- Food Service
- $200,000
Location Insight
- Map
- Local Demand
- City
- Marlborough
- County
- Hartford
- State
- Connecticut
- Longitude
- -72.462
- Latitude
- 41.6303
- CBSA code
- 25540
- CBSA name
- HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA