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    OFF-MARKET
    Investment properties

    239 Main St, Killingly, CT 06239-2816

    4,599 SF 0.17 ac lot Built 1820
    Entity Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US15-0958860
    Property summary
    AI-generated overview

    This beautifully remodeled antique commercial mixed-use building at 239 Main Street, Killingly, CT, presents a unique investment or business opportunity. Priced at $415,000, this property boasts a prime location near the vibrant downtown area, offering easy access to major highways, local amenities such as the library, parks, restaurants, and shopping centers. The building's versatile layout includes a cozy one-bedroom apartment at the rear, ideal for owner occupancy or rental income. The front portion is currently configured for office or commercial use, spanning both the first and second floors. The building has undergone a significant renovation, featuring brand new flooring, updated electrical systems, modern plumbing, a new heating system, and energy-efficient replacement windows. This comprehensive renovation ensures a move-in ready condition, minimizing upfront costs for the new owner. With the appropriate town approvals, there's potential to reconfigure some of the existing space to create an additional residential unit, mirroring a previous two-apartment configuration. This flexibility makes the property exceptionally adaptable to a wide range of uses, catering to both commercial and residential needs. The combination of historical charm, modern updates, and a desirable location makes this a truly exceptional opportunity. Don't miss the chance to own a piece of Killingly's history.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1820
    Construction FRAME
    Total area 4,599 SF
    Lot 0.17 ac (7,405 SF)
    Zoning code BRHD
    APN KILL M:181 B:129
    UPID US15-0958860
    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
    • Discovery Counseling Services, LLC Crisis Center Medical Clinic
    • Ashley C Krzywicki Marriage Or Relationship Counselor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Keren Props LLC · 7 yrs held
    Keren Props LLC
    since 2018
    2 recorded transactions
    2018
    $99,000
    1988
    $70,000
    Zoning & alternative use
    BRHD · Killingly, CT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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