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Property profile & analytics
OFF-MARKET
Showrooms

290 Main St Baltic, CT 06330

558 SF 0.9 ac lot Built 1900
Entity Owned Free & Clear
Property ID
US15-1019948
Property summary
AI-generated overview

This exceptional commercial property, situated at 290 Main Street in the heart of Sprague, Connecticut, presents a rare investment opportunity. The building boasts a prime location, offering excellent visibility and accessibility. The property encompasses a substantial 0.9-acre lot, providing ample space and potential for future development or expansion. Currently, the building is occupied by a long-term tenant, the United States Postal Service, ensuring a stable and reliable income stream. This presents a low-risk, high-reward investment prospect for savvy buyers seeking a secure and established commercial asset. The building's central location within Sprague makes it highly desirable for a variety of commercial uses, and its current occupancy by a government entity provides significant stability and predictability. The asking price of $100,000 represents exceptional value for a property of this caliber, in this desirable location, with a long-term, reliable tenant. This is a truly unique opportunity to acquire a well-established commercial property with significant potential for future growth and appreciation. Serious inquiries are encouraged to explore this exceptional investment opportunity further. The property is offered as-is.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1900
Construction FRAME
Total area 558 SF
Lot 0.9 ac (39,204 SF)
Zoning code R-20
APN SPRA M:16 B:02 L:10
UPID US15-1019948
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Carpunke LLC
Carpunke LLC
since 2025
Last sale
$82,000
4 recorded transactions
2025
$82,000
2002
Price N/A
2000
Price N/A
1992
Price N/A
Zoning & alternative use
R-20 · Baltic, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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