134 Main St Killingly, CT 06239
For Sale
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This exceptional three-story commercial building, located at 134 Main Street in the heart of Downtown Danielson, Killingly, CT, presents a unique investment opportunity. Spanning 15,096 square feet on a 0.2-acre lot, the property boasts a completely renovated interior and exterior, completed in 1999. All major systems, including plumbing, heating, and electrical, have been replaced, ensuring modern functionality and efficiency. A comprehensive double sprinkler system safeguards all three floors, complemented by a central alarm system for enhanced security. Currently, the building enjoys strong occupancy, with four tenants on the first floor and two on the second. The third floor is partially finished, offering significant untapped potential for additional rental income, which is not reflected in the current asking price of $1,150,000. An elevator provides convenient access to all three floors, plus a basement level. Ample municipal parking, owned and maintained by the Town of Killingly, is readily available for tenants and customers. This property offers a blend of immediate income generation and substantial future growth potential, making it an attractive investment in a thriving downtown area.
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
CBD · Killingly, CTKillingly. 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.