26-28 Un St Putnam, CT 06260
- Showrooms
- 5,194 SF
- 0.06 lot acres
Current Use by Public Records
- Showrooms
Property Details for 26-28 Un St
- Year built
- 1875
- Construction
- FRAME
- Lot size
- 0.06 lot acres
- Property size
- 5,194 SF
- Property type
- Showrooms
- APN
- PUTN M:015 L:068 U:000
- APU
- PUTNM015L068U000
Description
This exceptional restaurant opportunity in Putnam, Connecticut, presents a beautifully renovated, two-story, 5,194 square foot building at 26-28 Union St. The property, built in 1875 and renovated five years ago, boasts a blend of historic charm and modern elegance, perfect for a discerning restaurateur. Currently vacant and available for occupancy July 1, 2024, this owner-user investment offers immediate potential. The main floor provides ample space for a spacious dining area, while the upper level features a stylish bar area, ideal for creating a unique and memorable dining experience. Located in a high-visibility area with significant foot traffic, this Class B commercial property sits on a 0.06-acre lot and is zoned for commercial use. The asking price is $700,000, translating to $134.77 per square foot. This turnkey operation presents a rare chance to establish or expand a culinary venture in a thriving Connecticut community. The single-unit property is ready for immediate occupancy and offers a unique opportunity to capitalize on a desirable location and well-maintained space. Don't miss this chance to own a piece of Putnam's vibrant culinary scene.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $285,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $230,000
- 6.5%
- $230,000
- 7%
- $220,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $205,000
- Geo Method
- $225,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $245,000
- Retail
- $220,000
- Mixed-Use
- $245,000
- Hospitality
- $210,000
- Educational
- $275,000
- Residential Income
- $275,000
- Energy
- $245,000
- Income-Based Land
- $210,000
- Food Service
- $225,000
Location Insight
- Map
- Local Demand
- City
- Putnam
- County
- Windham
- State
- Connecticut
- Longitude
- -71.9082
- Latitude
- 41.9151
- CBSA code
- 49340
- CBSA name
- WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA