132 Main St Chester, CT 06412
For Sale
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This exceptional 23,467 square foot commercial property, located at 132 Main Street in Chester, Connecticut, presents a unique redevelopment opportunity. Situated on a generous 1.94-acre lot, the building has served as a nursing home for many years but is now available for conversion to a variety of uses. Its prime in-town location offers unparalleled convenience, with easy access to restaurants, shops, and a grocery store, all within walking distance. The property's versatility makes it ideal for several potential projects, including senior housing, affordable housing, or starter homes. However, significant renovation will be required to adapt the building to a new purpose. Adding to its appeal is a half-acre parking lot directly across the street, providing ample parking for residents or customers. The property's proximity to Route 154 ensures excellent accessibility and visibility. This is a rare chance to acquire a substantial property in a thriving Connecticut town, offering significant potential for a savvy investor or developer. The asking price is $975,000. This represents a compelling investment opportunity in a desirable location with high redevelopment potential. Don't miss this chance to transform this property into a thriving community asset.
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Apple Rehab Chesterfields Medical Clinic
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Angel Kendrick Physician
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Cassie Babcock Physician
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TIMOTHY A TOBIN Physician
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Schaffner Andrea MD Physician
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
R-5 · Chester, CTChester. Always verify with local authorities before improvements.
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.