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Property profile & analytics
OFF-MARKET
Retail space

454 Main St Durham, CT 06422-1308

1,764 SF 0.5 ac lot Built 2003
Individually Owned 10-yr Hold Free & Clear
Property ID
US15-0804235
Property summary
AI-generated overview

This exceptional 1,764 square foot commercial building, completely rebuilt in 2003, enjoys a superb location on Main Street in Durham, CT, boasting prime traffic exposure on Route 17 with a daily traffic count of 16,000 vehicles. The property features three versatile office suites, ideal for a variety of businesses. The main floor encompasses 1,008 square feet, while the upper floor houses two additional suites, each with its own separate meter, half bathroom, and private, locking entrance. Access to the second floor is provided by two convenient staircases. The building benefits from abundant natural light and spacious layouts. Situated on a half-acre flat lot, the property includes a charming stone patio, ample grassy space, and currently offers 12 parking spaces with room for expansion. Infrastructure includes a well and septic system (1000-gallon tank), with the potential for public water hookup. Additional features include excellent storage, attractive windows, air conditioning, and propane hot air heating. Seller financing may be an option. This is a truly remarkable opportunity to establish or expand your business in a thriving Durham location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2003
Construction FRAME
Total area 1,764 SF
Lot 0.5 ac (21,780 SF)
Zoning code C
APN DURH P0181500
UPID US15-0804235
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
  • Meetinghouse Village Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Meetinghouse Vlg Of Durhm · 10 yrs held
Meetinghouse Vlg Of Durhm
since 2015
2 recorded transactions
2015
Price N/A
2002
$131,900
Zoning & alternative use
C · Durham, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name Commercial
General category COMMERCIAL
Zone area 81.20 ac
Source Realmo
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