56 Middlesex Ave Chester, CT 06412-1347
This exceptional 6,384 square foot commercial building, situated at 56 Middlesex Avenue in Chester, Connecticut, presents a unique investment opportunity. Boasting a fully equipped, state-of-the-art kitchen, this property is ideally suited for a variety of commercial ventures. The building's electrical and plumbing systems have been recently updated, ensuring efficient and reliable operation. Furthermore, the property is prepped for solar power installation, offering significant potential for energy cost savings. Previously utilized as a market, this location benefits from an estimated daily traffic count of 19,000 vehicles, guaranteeing high visibility and accessibility. The 0.72-acre lot provides ample space for potential expansion or outdoor activities. Its convenient location places it within walking distance of Chester Village Center, offering easy access to a vibrant array of restaurants and shops, further enhancing its appeal and potential for attracting customers. This property represents a rare blend of functionality, modern amenities, and prime location, making it an exceptional investment opportunity in a thriving Connecticut community. The building's size, coupled with its strategic location and modern infrastructure, makes it an attractive proposition for a wide range of commercial uses.
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-5 · Chester, CTChester. 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.