51 Mill Rd Guilford, CT 06437
This unique 2,400 square foot commercial property at 51 Mill Road in Guilford, CT, presents a rare opportunity to own a piece of history. Situated on a 0.08-acre lot alongside the picturesque Millpond, the building currently houses a thriving tile shop with a spacious 1200 square foot showroom. The showroom offers captivating views and includes a comfortable office space and a convenient bathroom. A full basement provides significant potential for expansion, offering additional showroom space or the possibility of creating entirely new business areas. The gentle flow of the West River beneath the building creates a unique and tranquil atmosphere. The property's versatility allows for a variety of uses, from continuing the existing tile business to establishing an art gallery, professional office, or other suitable commercial venture. The building's prime location and historical charm combine to offer a truly exceptional investment opportunity in the heart of Guilford. The asking price is $395,000. This property offers a blend of established business and significant expansion potential, making it an ideal investment for a discerning buyer. The building's character and location are unparalleled, providing a unique and attractive setting for any business.
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Tile Shop General Contractor Renovation Specialist
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
R-1 · Guilford, CTCosts & 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.