4 Park St, Vernon, CT 06066-3212
This three-story, 19,090 square foot mixed-use building presents a compelling value-add opportunity in downtown Vernon, Connecticut. Currently undergoing renovation, this property boasts a newly installed roof, a 1,200-amp underground service, a passenger elevator, and impressive 10.25'+ clear ceiling heights on all three floors. The building sits on a 0.9-acre lot, recently expanded to include an adjacent parcel, providing potential for additional parking or outdoor tenant space. Its DBR zoning allows for a wide range of uses, including retail, office, restaurant, medical, and clinic spaces. Strategically located near Rockville Superior Court and just one block from Rockville General Hospital, this property offers unparalleled convenience and visibility. Easy access to I-84 and Route 31 further enhances its appeal. The building comprises four units and was originally constructed in 1967. This is an exceptional chance to capitalize on the revitalization of downtown Rockville, a thriving area with strong potential for growth. The property's versatile zoning and prime location make it an ideal investment for owner-users seeking a unique redevelopment project.
-
Christian Academy Of Arts, Science & Technology High School
-
Circuit Cellar Ink Publication Publishing House
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
28 · Vernon, CTVernon. 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.