2 Main St Sprague, CT 06330
Property Lookup
Property profile & analytics
2 Main St Sprague, CT 06330
- Showrooms
- 2,268 SF
- 0.78 lot acres
Property ID
US15-0608693
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Baltic Wine & Spirits / (Bike/Boat/Book/etc) Store / Wine and Liquor Store
- United States Postal Service / Post Office / Logistics Service
- FAST-MAT LAUNDROMAT / (Bike/Boat/Book/etc) Store
Property Details for 2 Main St
- Year built
- 1964
- Construction
- FRAME
- Lot size
- 0.78 lot acres
- Property size
- 2,268 SF
- Zone code
- C-2
- Property type
- Showrooms
- APN
- SPRA M:26 B:08 L:01
- APU
- SPRAM26B08L01
Description
This exceptional single-story brick commercial building, situated at 2 Main Street in Sprague, Connecticut, presents a compelling investment opportunity. Spanning 2,268 square feet, the property sits on a sizable 0.78-acre lot, providing ample off-street parking for approximately ten vehicles. The building's prime location on Main Street in the Baltic area ensures high visibility and accessibility. A significant advantage is the long-term lease currently in place with the United States Postal Service. This lease extends until 2029, with two additional five-year renewal options, potentially securing rental income until 2039. This provides exceptional stability and predictability for investors seeking a low-risk, high-yield asset. The building's sturdy brick construction ensures durability and low maintenance costs. The substantial lot size offers potential for future expansion or development, adding further value to this already attractive investment. Given the strong tenant and the extended lease terms, this property represents a rare opportunity to acquire a stable, income-generating commercial asset in a desirable location. The asking price of $325,000 reflects the exceptional value and potential of this property. Serious inquiries are encouraged.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Baltic
- County
- New London
- State
- Connecticut
- Longitude
- -72.0849
- Latitude
- 41.6166
- CBSA code
- 35980
- CBSA name
- NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,655
$33,360
$94,900
$128,260
-
$0.00
$0.00
$0.00
