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Property profile & analytics
OFF-MARKET
Industrial properties

490 Salmon Brk St Granby, CT 06035-1422

3,780 SF 0.39 ac lot Built 1976
Entity Owned ~ Est. High Equity
Property ID
US15-0808163
Property summary
AI-generated overview

This exceptional owner-user investment opportunity presents a 3,000 square foot storefront located at 490 Salmon Brook St, Granby, CT 06035. The asking price is $595,000, translating to $198.33 per square foot. Situated on a 0.39-acre lot, this property boasts a prime location in a high-visibility commercial corridor. Built in 1976 and extensively renovated in 2020, the building features two stories. The first floor offers flexible space ideal for retail, showroom, or workshop use, encompassing a 29x20 office showroom with a kitchen and half bath, plus a two-bay garage/workshop. The second floor comprises an approximately 800 square foot apartment with a bedroom, living room, kitchen, and bathroom, providing supplemental income potential or a live/work option. The property is zoned C2 (Business Zone) and is available for occupancy on April 16, 2024. This versatile property offers a unique blend of commercial and residential space, making it an attractive investment for a variety of businesses. Don't miss this chance to own a thriving commercial property in a desirable location.

Property profile
Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1976
Construction FRAME
Total area 3,780 SF
Lot 0.39 ac (16,988 SF)
Zoning code C2
APN GRAN M:E-42 B:0028 L:0178
UPID US15-0808163
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
  • The Mark Brady Kitchen Hardware & Home Improvement Kitchen & Bath Showroom
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Old Republic Exchange Co
Old Republic Exchange Co
since 2025
Last sale
$430,000
7 recorded transactions
2025
$430,000
2025
Price N/A
2020
$237,700
2015
Price N/A
2010
Price N/A
1987
$200,000
1969
Price N/A
Zoning & alternative use
C2 · Granby, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

3.5 BUSINESS ZONE (C2) 3.5.1 Permitted Uses The following uses shall be permitted: 3.5.1.1 Retail sale, rental and/or repair of items such as food, clothing, hardware, garden supplies, jewelry, electronics, appliances, books, sporting goods, nursery items, home improvement products and general merchandise; 3.5.1.2 Printing, photography and similar service; a…

Zone name Business Zone
General category COMMERCIAL
Zone area 99.81 ac
Source ZONING REGULATIONS
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