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Property profile & analytics
FOR SALE
Office buildings

350 South Main St Cheshire, CT 06410

6,728 SF 1 ac lot Built 1966
Entity Owned ~ Est. High Equity
Property ID
US15-0785945
Property summary
AI-generated overview

This attractive 6,728 square foot office building, situated on a 1.09-acre lot at 350 South Main Street in the heart of Cheshire, CT, presents a compelling investment or owner-occupancy opportunity. Currently operating at 58% occupancy, the building boasts a diverse tenant mix including a counseling center, attorney's office, fitness zone, massage therapist, and wellness facility. The remaining 42% vacancy comprises two sizable office suites (1,060 sq ft and 907 sq ft) and additional individual spaces in the lower level, all currently available for lease. This presents a significant value-add opportunity for an investor to increase rental income or for an end-user to expand their business. The property is zoned R-20A, ensuring flexibility for a variety of commercial uses. The building is being sold "as is," providing the buyer with the opportunity to customize and enhance the property to their specific needs. Its prime location in Cheshire offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a high-traffic area with strong local presence. This is a rare opportunity to acquire a well-located, multi-tenant commercial building in a thriving Connecticut town.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1966
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,728 SF
Lot 1 ac (43,560 SF)
Zoning code R-20A
APN CHES M:64 B:290 L:
UPID US15-0785945
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
Current use
Occupant on record · Public records
  • Proto Francis R DDS Dental Office
  • Kathleen A. Lieberman, LCSW Physician
  • Marty L. Ernstoff, LMFT Marriage Or Relationship Counselor
  • Cara C. Nappi, LPC Counselor Doctor
  • Adolescent & Family Counseling Center, LLC Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$860k
CAP Approach CAP
by Request
Comparable Approach Comparable
$595k
Blend (final) Blend
$855k
Owner & transaction history
Laurel & Co Mgmt LLC
Laurel & Co Mgmt LLC
since 2025
Last sale
$830,000
5 recorded transactions
2025
$830,000
2023
$899,000
2018
Price N/A
2018
$450,000
1993
Price N/A
Zoning & alternative use
R-20A · Cheshire, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $985,000 +31.7%
Commercial (general) $760,000 +1.5%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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