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Property profile & analytics
FOR SALE
Commercial real estate

62 Providence Pike Putnam, CT 06260

31,000 SF Built 1997
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US15-0011590
Property summary
AI-generated overview

The Shoppes at Putnam, located at 62 Providence Pike in Putnam, Connecticut (zip code 06260), offers exceptional retail leasing opportunities. This property boasts a total of 4,067 square feet situated on a 2-acre lot in Windham County. Currently, the entire space is vacant, presenting a unique chance for a single tenant to occupy the entire building or for two separate tenants to lease individual units. The minimum leasable space is 1,767 square feet, while the maximum contiguous space available is 2,300 square feet. This versatile property is ideal for a variety of retail businesses seeking high visibility and convenient access. The property's location on Providence Pike ensures excellent exposure to a steady stream of traffic. The building's classification is commercial retail with multiple tenancy. Interested parties should note the property's latitude and longitude coordinates are 41.9268568 and -71.8761252 respectively. This presents a rare opportunity to establish a strong retail presence in a desirable location. Contact us today to learn more about this exceptional retail space.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL CONDOMINUIM
Year built 1997
Total area 31,000 SF
APN PUTN M:026 L:007 U:002
UPID US15-0011590
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
  • Anytime Fitness Gym & Fitness Center
  • Autism Learning Partners Putnam Crisis Center Medical Clinic
  • Elle Nail Salon Nail Salon
  • Stop & Shop Gasoline Gas Station
  • Quest Diagnostics Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.48M
Blend (final) Blend
$2.21M
Owner & transaction history
Ibis Putnam LLC · 2 yrs held
Ibis Putnam LLC
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $3.1M +0.6%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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