2799 Main St Glastonbury, CT 06033-2022
- Showrooms
- 3,600 SF
- 0.48 lot acres
Current Use by Public Records
- Oxford Cleaners / Dry Cleaner
Property Details for 2799 Main St
- Year built
- 1970
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.48 lot acres
- Property size
- 3,600 SF
- Zone code
- F
- Property type
- Showrooms
- APN
- GLAS M:C5 B:4140 L:W0028A
- APU
- GLASMC5B4140LW0028A
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $775,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $820,000
- 6.5%
- $800,000
- 7%
- $890,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $970,000
- Geo Method
- $800,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $745,000
- Retail
- $755,000
- Mixed-Use
- $800,000
- Hospitality
- $810,000
- Educational
- $950,000
- Residential Income
- $685,000
- Energy
- $925,000
- Income-Based Land
- $810,000
- Food Service
- $735,000
Location Insight
- Map
- Local Demand
- City
- Glastonbury
- County
- Hartford
- State
- Connecticut
- Longitude
- -72.6142
- Latitude
- 41.7188
- CBSA code
- 25540
- CBSA name
- HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA