64 Wheatley St, Killingly, CT 06239-2138
This versatile 5,751 square foot commercial building, situated on a tranquil 0.7-acre lot at 64 Wheatley Street in Killingly, Connecticut, presents a unique investment opportunity. The property features five generously sized garage bays, each equipped with 10-12 foot high doors, ideal for a wide range of commercial applications. From automotive repair and maintenance to equipment storage or light manufacturing, the adaptable space caters to diverse business needs. An existing office space provides administrative functionality, while a substantial overhang offers significant expansion potential. This overhang could be easily enclosed to create additional workspace, accommodate larger equipment, or serve as a covered loading area. The property's location on a quiet street ensures a peaceful and productive work environment, while its ample size and flexible layout provide a strong foundation for a thriving business. The asking price for this exceptional property is $400,000. This represents a compelling opportunity to acquire a well-maintained commercial building with significant upside potential in a desirable location. Serious inquiries are encouraged.
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Colonial Paving Inc General Contractor Construction Company
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
Property description
Physical attributes from public recordsZoning & alternative use
MD · Killingly, CTKillingly. 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.