Property summary
This exceptional 2,852 square foot commercial property at 86 Bradley Road, Madison, CT, presents a unique investment opportunity. Currently configured as office space, this 0.23-acre lot offers significant potential for conversion into a mixed-use building, a residential property, or a lucrative two-unit multi-family dwelling. Its strategic location within a thriving commercial district provides immediate access to a high volume of foot traffic and convenient proximity to major transportation arteries. Situated less than half a mile from I-95, this property ensures effortless commuting for both residents and employees. Furthermore, its enviable position directly across from the Shoreline East Train Station and Ring's End offers unparalleled convenience and accessibility. The exclusivity of the neighborhood, combined with the property's versatility and prime location, promises substantial appreciation for investors and owner-occupants alike. This is a rare chance to acquire a property with exceptional upside potential in a highly desirable area of Madison, Connecticut. The building's current configuration as office space provides a solid foundation for immediate income generation or a seamless transition into a new use. Don't miss this opportunity to own a piece of Madison's vibrant commercial landscape.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Physician Medical Clinic
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Physician
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Pediatrician Physician
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Counselor
Location
Value estimations
Owner & transaction history
Zoning & alternative use
A. Purpose. The purpose of the Downtown District (“D”, “DW” & “DC”) is to maintain and enhance the historic character and charm of the downtown, while allowing the existing downtown area along Boston Post Road and Wall S…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
D · Madison, CTA. Purpose. The purpose of the Downtown District (“D”, “DW” & “DC”) is to maintain and enhance the historic character and charm of the downtown, while allowing the existing downtown area along Boston Post Road and Wall S…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
A. Purpose. The purpose of the Downtown District (“D”, “DW” & “DC”) is to maintain and enhance the historic character and charm of the downtown, while allowing the existing downtown area along Boston Post Road and Wall S…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for D in Madison, CT.
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