75 Lebanon Ave Colchester, CT 06415-1211
This exceptional 3,800 square foot commercial building is ideally situated in downtown Colchester, Connecticut. The property boasts a prime location directly across from the new senior center and within easy walking distance of various shops and restaurants, ensuring high visibility and convenient access. Currently zoned for industrial, commercial, and mixed-use purposes, this versatile space offers a multitude of potential uses. The building features 2,400 square feet of storage space on a second-floor loft, accessible via a wide staircase and a gated overhang accommodating forklift access for larger items. The ground floor offers ample space, with a storefront featuring all-window frontage perfect for retail display, and rear garage doors providing convenient loading and unloading capabilities. The building's Morton steel construction contributes to significant energy efficiency, resulting in economical heating and cooling costs. The property includes central air conditioning and two generator options: an interlock switch or a hardwired system, ensuring business continuity. The 0.24-acre lot provides ample space for parking and potential expansion. Owner financing may be considered for qualified buyers. This is a rare opportunity to acquire a well-located, versatile commercial property with significant potential.
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Home Designs By Bruno Construction Company General Contractor
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
TC · Colchester, CTColchester. 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.