Property profile

1835 Boston Post Rd Westbrook, CT 06498

OFF-MARKET
Showrooms
Property ID
US15-1011033
5,220 SF 1.03 ac lot Built 1790
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 1835 Boston Post Road in Westbrook, Connecticut, presents a significant investment opportunity. The building encompasses a substantial 6,915 square feet of space, ideally suited for a variety of retail uses. Situated on a 1.03-acre lot, the property offers ample parking and visibility from the busy Boston Post Road. The building is a two-story structure, providing flexibility in layout and potential for expansion or multi-tenant occupancy. The property's size and location make it an attractive option for businesses seeking a prominent presence in a thriving community. The asking price is $1,650,000. This represents a compelling opportunity to acquire a well-positioned commercial building with significant potential for growth and return on investment. The property's substantial square footage, combined with its prime location and ample parking, makes it an ideal choice for a wide range of commercial ventures. Serious inquiries are encouraged to explore the possibilities this property offers. Detailed property information and floor plans are available upon request. Don't miss this chance to secure a valuable asset in a desirable location.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1790
Construction FRAME
Total area 5,220 SF
Lot 1.03 ac (44,867 SF)
Zoning code NCD
APN WBRO M:181 L:053
UPID US15-1011033

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

1835 Boston Post Rd Westbrook, CT 06498-2102
Westbrook metro Census 680102 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$875k
CAP Approach CAP
by Request
Comparable Approach Comparable
$651k
Blend (final) Blend
$910k

Owner & transaction history

since 2021
Last sale
$730,000
7 recorded transactions
2021
$730,000
2016
$540,000
2010
Price N/A
2007
Price N/A
2006
Price N/A
2004
Price N/A
1997
Price N/A

Zoning & alternative use

NCD · Westbrook, CT
Zoning description

• NCD Neighborhood Commercial District • TIC Turnpike Interchange Commercial District • CB Commercial Boating District • RD Resort District • LI Light Industrial District • ID Industrial District A. PURPOSES 1. Commercia…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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