Technical
Financial
Distress signals
Property profile

2799 Main St Glastonbury, CT 06033

OFF-MARKET
Showrooms
Property ID
US15-1041362
3,600 SF 0.48 ac lot Built 1970
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 3,600 square foot retail or restaurant space at 2799 Main Street in Glastonbury, Connecticut, presents a unique opportunity. Situated on a half-acre lot (0.5 acres), this single-tenant property offers significant redevelopment potential for discerning investors or businesses. The existing Class B building, constructed in 1970, is currently vacant and comprises a single-story structure. The property boasts a highly desirable Main Street location in Glastonbury, benefiting from exceptional visibility and high traffic counts exceeding 16,000 vehicles daily. This translates to significant exposure for any business occupying or redeveloping the site. The entire 3,600 square feet is available, providing ample space for a variety of uses, from a flagship retail store to a unique restaurant concept. The 0.5-acre lot allows for flexibility in design and expansion, making it an ideal canvas for a modern and impactful development. The property's location in Glastonbury, CT, zip code 06033, offers access to a thriving community and strong local demographics. This is a rare chance to acquire a prime commercial property with substantial redevelopment potential in a high-traffic area. Don't miss this opportunity to secure a prominent location on Main Street.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1970
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,600 SF
Lot 0.48 ac (20,909 SF)
Zoning code F
APN GLAS M:C5 B:4140 L:W0028A
UPID US15-1041362

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

2799 Main St Glastonbury, CT 06033-2022
Glastonbury metro Census 520302 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$775k
CAP Approach CAP
by Request
Comparable Approach Comparable
$619k
Blend (final) Blend
$775k

Owner & transaction history

since 2024
Last sale
$775,000
7 recorded transactions
2024
$775,000
2015
$900,000
2008
Price N/A
1994
Price N/A
1988
$560,000
1988
Price N/A
1987
Price N/A

Zoning & alternative use

F · Glastonbury, CT
Zoning description

The purpose of this F district is to prevent or minimize loss of life and injuries to persons and property and other losses, both private and public and to promote the health, public safety and general welfare of the com…

General category SPECIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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