17 Main St Marlborough, CT 06447-1309
This exceptional investment opportunity presents a brand-new, 3,430 square foot storefront in Marlborough, CT, at 17 N Main St. The property, completely renovated in 2021, boasts a 10-year absolute NNN lease with eight years remaining, featuring a popular restaurant tenant, Zina's Cucina, and two luxury apartments. The restaurant, having invested over $300,000 in improvements, enjoys a prime location with convenient access to Route 2. The building features a new roof, mechanicals, windows, façade, outdoor patio, plumbing, parking lot, and electrical systems. The two luxury apartments, designed by Design Your Monday, offer high-end finishes including leathered granite, custom kitchens, high tray ceilings, and radiant heated floors. The apartments are accessed via new Trex staircases and benefit from professionally maintained landscaping. The property generates a strong NOI of $85,000, with 3% annual rent bumps built into the lease, ensuring a stable and appreciating asset. This hands-off investment offers immediate cash flow and significant long-term potential. The property's prime location and strong tenant commitment make it an ideal addition to any portfolio. The building adheres to the county's newest building code.
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Zina's Cucina Restaurant
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Sound Choice Financial Financial Advisor
R Residential Zone DMR Designed Multiple Residence GC General Commercial Zone VCD Village Center District DBIZ Designed Business/Industrial Zone GI General Industrial Zone DI Designed Industrial Zone DR Designed Recreation Zone DC Designed Commercial Zone
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 · Marlborough, CTR Residential Zone DMR Designed Multiple Residence GC General Commercial Zone VCD Village Center District DBIZ Designed Business/Industrial Zone GI General Industrial Zone DI Designed Industrial Zone DR Designed Recreation Zone DC Designed Commercial Zone
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.