1340 Main St Coventry, CT 06238
For Sale
This exceptional 1.61-acre commercial land parcel presents a prime opportunity for retail development in the thriving town of Coventry, Connecticut. Located at 1340 Main Street, this property boasts unparalleled visibility on a major thoroughfare, benefiting from high traffic counts of 6,400 vehicles per day at the intersection of Main Street and Stonehouse Road. The site includes a 4,476 square foot existing building, offering potential for immediate use or redevelopment. The property is zoned VG, providing flexibility for a variety of retail uses. A completed environmental report is available, streamlining the due diligence process for prospective buyers. Its strategic location places it near numerous established businesses and amenities, ensuring strong customer traffic and convenient access for employees and customers. This is an exceptional opportunity to acquire a well-positioned commercial land parcel in a desirable Connecticut location, ready for immediate development or redevelopment. The asking price is $225,000. The property's address is 1340 Main Street, Coventry, CT 06238. The parcel is situated in Tolland County.
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
VG · Coventry, CTCoventry. 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.