2 Elm St, Windsor Locks, CT 06096-2335
This vacant, 52,416 square foot Class B office building in Windsor Locks, CT, presents a significant investment opportunity. Located at 2 Elm St, this two-story building sits on a 5.84-acre lot and boasts 125 parking spaces. Built in 1965 and renovated in 1979, the property is zoned BUS 2 and offers excellent accessibility, being just six minutes from Bradley International Airport. The building's convenient location within the Windsor Locks business district provides proximity to amenities such as restaurants and pharmacies. With its substantial size and ample parking, this property is ideal for owner-users seeking to establish a significant presence or for investors looking to capitalize on potential lease income. The property is currently vacant, allowing for complete customization to suit a variety of business needs. This is a non-contingent sale with a required earnest money deposit (greater of $20,000 or 10% of the purchase price) and a marketing fee (5% of the winning bid amount, minimum $20,000). A $10,000 participation deposit is also required. The asking price is $1,200,000.
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R & M Valet Airport Parking Parking Lot & Garage
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 Lease
Property description
Physical attributes from public recordsZoning & alternative use
BUS2 · Windsor Locks, CTWindsor Locks. 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.