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Property profile & analytics
OFF-MARKET Estimated value $535,000
Office buildings

264 Main S St Woodbury, CT 06798-3407

4,155 SF 0.4 ac lot Built 1880
Individually Owned Free & Clear
Property ID
US15-0388803
Property summary
AI-generated overview

This exceptional mixed-use property, located at 264 Main Street South in Woodbury, Connecticut, presents a unique investment opportunity. The historically registered landmark building boasts 4,155 square feet of net rentable space, perfectly suited for medical or professional office use. A complete renovation was undertaken in 2018/2019, ensuring modern functionality within a charming historic structure. The main floor offers ample space for a thriving practice, featuring 10-foot ceilings. Convenient on-site parking is available for staff and clients. The property sits on a 0.4-acre lot and is zoned MSD. Adding to its versatility, a second-floor apartment offers approximately 900 square feet of space, providing options for a live-work arrangement, additional rental income, or the potential for expansion of the office space. This two-story building, constructed in 1880, combines the allure of a historic landmark with the practicality of a recently renovated space. The property's prime location on Main Street in Woodbury, Connecticut (zip code 06798), offers excellent visibility and accessibility. This is a rare opportunity to acquire a beautifully restored building with significant potential in a desirable Connecticut town. The asking price is $1,195,000.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1880
Construction FRAME
Total area 4,155 SF
Lot 0.4 ac (17,424 SF)
Zoning code MSD
APN WOOD M:104 B:013
UPID US15-0388803
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
  • Woodbury Physical Therapy Medical Clinic Physician
  • Woodbury Chiropractic Center Medical Clinic
  • Maureen Munson-Bette Physician
  • Steven Lane Levy Alternative Medicine Practice
  • Dr. Steven Levy Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
$739k
Blend (final) Blend
$535k
Owner & transaction history
STEVEN L LEVY
STEVEN L LEVY
Zoning & alternative use
MSD · Woodbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

MSD Main Street Design District PI Planned Industrial District EE Earth Excavation District MQ Middle Quarter District

Zone name Main Street Design
General category RESIDENTIAL
Zone area 168.13 ac
Top alternative use upside
Commercial (general) $515,000 +6.7%
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