3 Massaco St Simsbury, CT 06070-2118
This exceptional 2,340 square foot commercial property, situated on a 0.25-acre lot at 3 Massaco Street in Simsbury, Connecticut, presents a unique investment opportunity. The building, boasting a classic colonial architectural style, is zoned SC-1, allowing for a wide range of commercial uses. Potential tenants could include daycare centers, medical practices, offices, retail businesses, group living facilities, and more. Its convenient downtown location offers unparalleled access to a wealth of amenities. Residents and employees will enjoy proximity to shopping centers, recreational areas, outdoor events, schools, places of worship, municipal services, and a diverse selection of restaurants. The interior layout provides considerable flexibility, featuring two half-bathrooms and a partially equipped kitchen. This adaptable space is ideal for businesses seeking a well-situated and versatile property in a thriving Connecticut community. The asking price for this promising commercial property is $450,000. This represents a compelling opportunity to acquire a strategically located asset with significant potential for growth and return on investment. The property's zoning and location make it an attractive prospect for a variety of commercial ventures.
-
Tours of Distinction Travel Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
SCZ · Simsbury, CTSimsbury. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.