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Property profile & analytics
FOR LEASE
Retail space

21 Furnace St Killingly, CT 06239

3,930 SF 0.06 ac lot Built 1900
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US15-1034201
Property summary
AI-generated overview

This exceptional 2,280 square foot retail space is located in a beautifully renovated (2011) 4,150 square foot building in the heart of downtown Danielson, CT. Built in 1900, this iconic structure boasts unique architectural details, including beautiful woodwork and a charming design, making it one of Connecticut's most recognizable commercial properties. The space features a large reception area, front, side, and rear entrances, a private loft office, a cleverly concealed maintenance closet, and a full bathroom with a shower. Benefit from easy access to ample free public parking (70+ spaces) and extremely high year-round vehicle and foot traffic. Currently, there are tenants in place at below-market rents with upcoming lease renewals, offering an owner-occupant the potential for significant rental income to offset expenses. The central business district (CBD) zoning allows for a variety of uses, including but not limited to a dispensary, liquor store, restaurant, coffee shop, or specialty store. The entire building is also available for purchase. This is a truly unique opportunity to own or lease a piece of Connecticut history in a thriving downtown location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Construction FRAME
Total area 3,930 SF
Lot 0.06 ac (2,614 SF)
Zoning code CBD
APN KILL M:198 B:144
UPID US15-1034201
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • CNA Bootcamp of CT Vocational School Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Upstream Enterprises LLC · 1 yrs held
Upstream Enterprises LLC
since 2024
Last sale
$340,000
7 recorded transactions
2024
$340,000
2021
Price N/A
2012
Price N/A
2011
Price N/A
2008
Price N/A
2004
$99,000
1999
Price N/A
Zoning & alternative use
CBD · Killingly, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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