124 Pomfret St Putnam, CT 06260-1800
This exceptional 16,050 square foot industrial building presents a unique investment opportunity in the thriving town of Putnam, Connecticut. Situated on a generous 2.29-acre lot, the property offers significant potential for a variety of commercial uses. The building itself boasts ceiling heights ranging from 10 to 16 feet, providing ample vertical space for diverse operations. Originally constructed for manufacturing, its adaptability makes it suitable for storage, warehousing, or other commercial ventures. The expansive lot provides additional space for yard storage, allowing for efficient operations and future expansion possibilities. The property's central location is a key advantage, offering convenient proximity to Main Street and the local hospital, ensuring easy access for employees and customers. Furthermore, its strategic location provides easy highway access, facilitating seamless transportation of goods and services. The property's riverfront potential opens exciting avenues for future development, such as multi-unit residential projects or a restaurant, subject to necessary town approvals. This is a rare chance to acquire a substantial property in a growing community, offering both immediate utility and significant long-term development prospects. The asking price is $1,595,000.
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Adriaenz Trade Show Venue (Bike/Boat/Book/etc) Store
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Atticus Auction Company LLC Trade Show Venue (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.