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Property profile & analytics

60 Boston Post Rd Madison, CT 06443

  • Motels
  • 3,153 SF
  • 1.91 lot acres
For Sale
Last Sale
May 03, 2023
$900,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US15-1035651
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Compassionate Psychiatric Care / Psychiatric Hospital
  • Therapeutic Massage & Wellness / Massage Therapist
  • Crescent Motel / Motel / Hotel
  • Vincent Samuolis / Counselor
  • Kendrick Norris / Psychoanalyst

Property Details for 60 Boston Post Rd

Year built
1812
Lot size
1.91 lot acres
Property size
3,153 SF
Zone code
C
Property type
Motels
APN
MADI M:44 B:53
APU
MADIM44B53

Description

This exceptional investment opportunity presents a newly remodeled mixed-use commercial property ideally located on a 1.91-acre lot along the high-traffic Boston Post Road in Madison, Connecticut. The property boasts 6,705 square feet of space and offers significant road frontage, ensuring high visibility and accessibility for businesses. Currently, the property enjoys 90% occupancy. The building comprises nine one-bedroom motel rooms, a fully equipped one-bedroom apartment with a full kitchen, living/dining room, and 1.5 bathrooms. In addition, there are four office spaces and four retail spaces available. Recent significant improvements include a completely new roof and electrical system, along with extensive remodeling of most rooms. The expansive 1.91-acre lot provides ample room for future expansion, allowing for the potential addition of more lodging units, retail space, or other commercial ventures. This property offers a solid foundation for a diverse range of business opportunities and represents a compelling investment prospect for those seeking a high-return, mixed-use asset in a desirable location. The combination of existing income and expansion potential makes this a truly unique opportunity.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $895,000
    ML approach
    $885,000
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $565,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Madison
County
New Haven
State
Connecticut
Longitude
-72.6419
Latitude
41.2854
CBSA code
35300
CBSA name
NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$16,516
$217,500
$333,600
$551,100
-
$0.00
$0.00
$0.00
More about this property
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