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Property profile & analytics
FOR LEASE
Office buildings

276 Main St D Farmington, CT 06032

4,264 SF 0.37 ac lot Built 1965
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US15-0070994
Property summary
AI-generated overview

This exceptional 4,267 square foot commercial building presents a unique investment opportunity in the thriving Farmington, CT business district. Situated on a 0.37-acre lot at 276 Main Street, this fully remodeled property boasts four separate commercial spaces, each with its own private entrance. This versatile layout is perfect for owner-occupiers seeking to establish their business or investors aiming for a strong income stream. The building's prime location on a high-traffic street, with a daily car count exceeding 12,000, guarantees exceptional visibility and accessibility for tenants. This translates to significant marketing advantages and increased potential for attracting a diverse range of businesses. The property's modern design is complemented by a state-of-the-art smart video security system, ensuring a secure and technologically advanced environment for all occupants. The building's strong location, combined with its flexible layout and modern amenities, makes it an attractive proposition for a variety of commercial uses, promising a solid return on investment. The asking price for this exceptional property is $700,000. This represents a compelling opportunity to acquire a well-maintained, income-producing asset in a highly desirable location within a robust and growing market. The building's modern features and strategic location combine to create a truly exceptional investment opportunity.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1965
Total area 4,264 SF
Lot 0.37 ac (16,117 SF)
Zoning code BR
APN FARM M:0129 B:1
UPID US15-0070994
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
  • Padgett Business Services Accounting Firm Tax Preparation
  • Ink hair bar Hair Salon
  • Nationwide Insurance: Joseph M Proud III Insurance Agency
  • SIG Insurance Agency - A Relation Company Insurance Agency
  • Society Financial Corporation Loan Service Bank
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
by Request
Owner & transaction history
1a&m Realty LLC · 4 yrs held
1a&m Realty LLC
since 2022
Last sale
$500,000
6 recorded transactions
2022
$500,000
2014
$335,000
2010
Price N/A
2004
$362,500
2003
Price N/A
1990
Price N/A
Zoning & alternative use
BR · Farmington, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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