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Property profile & analytics
OFF-MARKET Estimated value $3,985,000
Office buildings

609 Johnson Ave Cheshire, CT 06410-4505

55,154 SF 3.95 ac lot Built 1994
Entity Owned 10-yr Hold Free & Clear
Property ID
US15-0405723
Property summary
AI-generated overview

609 West Johnson Avenue in Cheshire, Connecticut, presents a remarkable opportunity for businesses seeking high-quality office space. This five-story, 58,000-square-foot Class A office building offers a flexible layout suitable for multiple tenants. Built in 1994 and extensively renovated in 2020, the property boasts modern amenities and a turnkey environment. The building is ideally situated for convenient access to I-691, ensuring effortless commuting for employees and clients. The minimum divisible space is 10,000 square feet, with a maximum contiguous space also available at 10,000 square feet. This presents an excellent option for both small and mid-sized companies seeking a prestigious location. Located in New Haven County, the property sits on a generous 3.95 acres of land, providing ample parking and potential for future expansion. The building's recent upgrades ensure a comfortable and efficient workspace, making it an attractive option for businesses seeking a modern and well-maintained office environment in a desirable Connecticut location. The property's zip code is 06410. This is a truly exceptional opportunity to secure a prime office space in a thriving Connecticut community.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1994
Construction CONCRETE
Total area 55,154 SF
Lot 3.95 ac (172,062 SF)
Zoning code I-2
APN CHES M:10 B:33 L:
UPID US15-0405723
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 Sushi Class Training Center
  • Massage for Wellness, Alisha Wells, LMT Alternative Medicine Practice Spa & Massage Center
  • Maki Night Training Center
  • Fusion Performance Medical Clinic
  • Dorrance Realty Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.10M
Blend (final) Blend
$3.99M
Owner & transaction history
Commercial Investment Grp · 10 yrs held
Commercial Investment Grp
since 2016
2 recorded transactions
2016
Price N/A
1988
Price N/A
Zoning & alternative use
I-2 · Cheshire, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $6.2M +1.5%
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