Technical
Financial
Distress signals
Property profile

41 Terryville Ave Bristol, CT 06010

OFF-MARKET
Commercial land
Property ID
US15-1115797
0.23 ac lot
Individually Owned 27-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional mixed-use commercial property at 41 Terryville Avenue in Bristol, CT, presents a unique investment opportunity. Boasting 5,287 square feet on a 0.19-acre lot, this building enjoys excellent visibility from Route 6, ensuring high traffic exposure. The ground floor offers 3,648 square feet of retail space, previously occupied by a successful convenience store and restaurant. This area is ready for immediate occupancy by a new tenant, offering ample space for a variety of retail or food service businesses. Upstairs, a spacious 1,639-square-foot apartment provides additional income potential or owner-occupancy options. The apartment features an eat-in kitchen, a living room, three to four bedrooms, a full bathroom, and recently refinished hardwood flooring. The entire building benefits from natural gas heating, central air conditioning, and a newer roof, minimizing maintenance concerns. Ample parking is provided with 20 spaces, ensuring convenience for both tenants and customers. The property's prime location and versatile layout make it an ideal investment for savvy entrepreneurs seeking a high-traffic, mixed-use property in a thriving Connecticut community. The asking price is $379,000.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.23 ac (10,019 SF)
Zoning code BG
APN BRIS M:27 L:119-1
UPID US15-1115797

Cap rate & NOI

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

Location

41 Terryville Ave Bristol, CT 06010-4158
Bristol metro Census 405700 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

Zoning & alternative use

BG · Bristol, CT
Zoning description

The BG General Business Zone is intended to accommodate larger retail and service establishments primarily serving the needs of the entire City, including automobile-oriented uses. 2.1.8 124BBD Downtown Business Zone The…

General category COMMERCIAL

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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