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    60 Main St Windsor Locks, CT 06096
    Property profile & analytics

    60 Main St, Windsor Locks, CT 06096

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    • Retail space
    • 12,600 SF
    • 1.83 lot acres
    For Lease
    $1,600/Mo
    View Listing →
    Windsor Locks Retail/Office Space For Lease
    $1,600/Mo
    12,600 SF

    Windsor Locks Retail/Office Space

    Office or retail spaces available for lease in Windsor Locks.

    60 Main Street 12, Windsor Locks, CT 6096
    View Listing
    Property ID
    US15-1155877
    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.
    Value Estimations
    $545,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Wise Vapors / (Bike/Boat/Book/etc) Store
    • S. New China / Restaurant
    • Eastern Services & Camp Simon / Social Service Agency / Charitable Organization
    • SunPC Tech / Computer & Electronic Repair
    • The Smoke Shop (Vape Depot) / (Bike/Boat/Book/etc) Store / Alternative Medicine Practice

    Property Details for 60 Main St

    Year built
    1983
    Construction
    STEEL FRAME
    Lot size
    1.83 lot acres
    Zone code
    BDRD
    Property type
    Retail space
    APN
    WINL M:29 B:56 L:4
    APU
    WINLM29B56L4

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 5, 2026 $787,500 60 Main Street LLC 49 Park LLC Warranty Deed $600k · Mortgage Line Connecticut LLC
    Sep 13, 2021 $525,000 49 Park LLC Rawb LLC Warranty Deed $394k · Westfield Bank Fsb
    Sep 13, 2021 — 49 Park LLC — Deed · related $125k · Rawb LLC

    Description

    This exceptional commercial property at 60 Main Street, Windsor Locks, CT 06096, offers a fantastic opportunity for businesses seeking flexible office space. Located in a bustling strip mall with high traffic visibility on Main Street, this property boasts a total of 10,840 square feet situated on 1.83 acres of land. The building, constructed in 1983, features a combination of traditional and creative office spaces, perfect for a variety of businesses. Currently, two spaces are available, ranging from 975 to 1,450 square feet. The property is zoned BUS2 and offers convenient access to Spring Street and Church Street. Utilities include electric and gas. While there are no elevators, the building's layout is designed for efficient use of space. The asking rent for Unit 15 (975 sq ft) is $1100 per month, plus utilities (electric). This is an ideal location for businesses seeking high visibility and convenient access to the heart of Windsor Locks. The property's multiple tenancy allows for a diverse range of businesses to thrive in this vibrant commercial setting. Don't miss this chance to secure your space in this prime Windsor Locks location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $635,000
      ML approach
      $590,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $462,000
      Market price range: $462k - $1.55M

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

    Location Insight

    • Map
    • Local Demand
    City
    Windsor Locks
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.628
    Latitude
    41.93
    CBSA code
    25540
    CBSA name
    HARTFORD-WEST HARTFORD-EAST HARTFORD, 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
    $10,240
    $0.00
    $388,920
    $388,920
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      19,219 SF

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    • Value Estimation by Request
      4,285 SF

      24 Elm St

      RETAIL STORES (PERSONAL SERVICES)
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      View Details
    • Value Estimation
      $1,045,000
      14,370 SF

      90 Main St

      RETAIL STORES (PERSONAL SERVICES)
      90 Main St, Windsor Locks, CT 06096-1913
      View Details
    • Value Estimation
      $875,000
      24,000 SF

      5 National Dr

      RETAIL STORES (PERSONAL SERVICES)
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      View Details
    • Value Estimation by Request
      1,936 SF

      107 Ella Grasso Tpke

      RETAIL STORES (PERSONAL SERVICES)
      107 Ella Grasso Tpke, Windsor Locks, CT 06096-1043
      View Details
    • Value Estimation
      $1,620,000
      14,488 SF

      1 Elm St

      RETAIL STORES (PERSONAL SERVICES)
      1 Elm St, Windsor Locks, CT 06096-2334
      View Details

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    Similar Nearby for Lease

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      2,000 SF

      Retail Space in Windsor Locks

      2,000 SF retail space available for lease.
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      Windsor Locks Retail/Office Space

      Office or retail spaces available for lease in Windsor Locks.
      60 Main St, Windsor Locks, CT 06096
      View Details
    • $13 SF/Yr
      10,840 SF

      Windsor Locks Office Space Available

      Prime location, flexible office suites.
      60 Main St, Windsor Locks, CT 06096
      View Details
    • $460 /Mo
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      Flexible Office Space Near Airport

      Cost-effective office spaces with utilities included, near Bradley Airport.
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      View Details
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      Office Space Near Bradley Airport

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      View Details
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    Windsor Locks, CT 06096
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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