Property profile

357 Kennedy Dr Putnam, CT 06260

OFF-MARKET
Showrooms
Property ID
US15-1166615
1,170 SF 0.15 ac lot Built 1900
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,872 square foot commercial property, located at 357 Kennedy Drive in Putnam, Connecticut, presents a unique opportunity for a variety of businesses. Recently and completely renovated, the space boasts a modern and inviting atmosphere, enhanced by features such as mini-split heating and cooling systems for optimal climate control. The property's strategic location at a major intersection ensures high traffic count and excellent visibility, complemented by a prime signage location for maximum brand exposure. Ample parking is available for both clients and employees. Inside, the space features recessed lighting, an impressive vaulted ceiling that adds to the spacious feel, and abundant natural light creating a bright and productive work environment. The property is ideally suited for a range of businesses, including but not limited to nail salons, hairdressers, physical therapy practices, medical offices, or government agencies. This single-tenant space in Windham County, Connecticut (zip code 06260) is ready for immediate occupancy. Updated photos will be available soon. This is a turnkey opportunity in a thriving location.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1900
Construction FRAME
Total area 1,170 SF
Lot 0.15 ac (6,534 SF)
Zoning code C-3
APN PUTN M:011 L:038 U:000
UPID US15-1166615

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Spiritual Center

Location

357 Kennedy Dr Putnam, CT 06260-1636
Putnam metro Census 903102 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$150k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$150k

Owner & transaction history

since 2024
Last sale
$150,000
7 recorded transactions
2024
Price N/A
2021
$150,000
2018
$114,464
2008
$47,500
2007
Price N/A
2004
Price N/A
2004
$99,900

Zoning & alternative use

C-3 · Putnam, CT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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