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    132 Main St Chester, CT 06412
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    Property profile & analytics

    132 Main St, Chester, CT 06412

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    • Assisted living facilities
    • 23,467 SF
    • 1.94 lot acres
    Chester Property for Redevelopment For Sale
    $975,000
    23,467 SF

    Chester Property for Redevelopment

    In-town property suitable for senior or affordable housing.

    132 Main Street, Chester, CT 6412
    View Listing
    Property ID
    US15-0646236
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apple Rehab Chesterfields / Medical Clinic
    • Angel Kendrick / Physician
    • Cassie Babcock / Physician
    • TIMOTHY A TOBIN / Physician
    • Schaffner Andrea MD / Physician

    Property Details for 132 Main St

    Year built
    1900
    Lot size
    1.94 lot acres
    Zone code
    R-5
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    CHES M:14 B:494
    APU
    CHESM14B494

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 25, 2022 — Chesterfields Realty LLC — Deed · related $59M · Connectone Bank
    Apr 17, 2008 — Chesterfield Realty LLC — Deed Of Trust · related $119.5M · Bank Of America
    Aug 7, 2002 — Brian J Foley — Deed Of Trust · related $15M · Fleet National Bank
    Dec 29, 1993 $1,595,000 Brian Foley Gtt Corp Tr Grant Deed —
    Oct 30, 1987 — Cathryn G Lieberman — Deed Of Trust · related $575k · Essex Savings Bank
    — — Chesterfields Realty LLC — Deed Of Trust · related $13M · Bank Of America

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $535,000
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $820,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Chester
    County
    Middlesex
    State
    Connecticut
    Longitude
    -72.4445
    Latitude
    41.4017
    CBSA code
    25540
    CBSA name
    HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $40,560
    $68,600
    $1,297,070
    $1,365,670
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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