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Property profile & analytics

290 Main St Baltic, CT 06330

  • Showrooms
  • 558 SF
  • 0.90 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US15-1019948
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Showrooms

Property Details for 290 Main St

Year built
1900
Construction
FRAME
Lot size
0.90 lot acres
Property size
558 SF
Zone code
R-20
Property type
Showrooms
APN
SPRA M:16 B:02 L:10
APU
SPRAM16B02L10

Description

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.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Baltic
County
New London
State
Connecticut
Longitude
-72.0664
Latitude
41.6418
CBSA code
35980
CBSA name
NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$1,651
$35,780
$20,190
$55,970
-
$0.00
$0.00
$0.00
More about this property
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