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Property profile & analytics
OFF-MARKET
Showrooms

91 Riv Rd Lisbon, CT 06351-3026

2,072 SF 1.1 ac lot Built 1957
Entity Owned 3-yr Hold
Property ID
US15-0503349
Property summary
AI-generated overview

This exceptional retail property, located at 91 River Rd in Lisbon, CT, presents a unique investment opportunity. The 3,446 square foot building sits on a 1.1-acre lot with over 105 feet of road frontage, boasting excellent visibility and accessibility. Currently configured as a former veterinary clinic, the property includes a 2,072 square foot office space and a basement apartment. The property benefits from a high average daily traffic count of 8,400 vehicles. Strategically located near I-395 and the Lisbon Landing retail district, this property enjoys proximity to established businesses such as McDonald's, AutoZone, and Citgo. The expansive, level lot offers ample opportunity for expansion of the existing parking area. The property's BV-II zoning permits a wide range of uses, including retail, business services, banking, offices, personal services, repair services, and even a cell tower or auto dealership. Special permits could allow for drive-thru windows, hotels, and gas sales. The seller is open to build-to-suit options or land leasing arrangements. This is an ideal location for redevelopment, offering significant potential for a variety of commercial ventures. The property is also available for lease. Built in 1957, the property consists of two buildings. The asking price is $700,000, translating to $203.13 per square foot.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1957
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,072 SF
Lot 1.1 ac (47,916 SF)
Zoning code C2
APN LISB M:15 B:030 L:0000
UPID US15-0503349
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
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Connecticut Com Re LLC · 3 yrs held
Connecticut Com Re LLC
since 2022
Last sale
$370,000
5 recorded transactions
2022
$370,000
2021
$435,000
1999
Price N/A
1994
$150,000
1994
Price N/A
Zoning & alternative use
C2 · Lisbon, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Regulations | Lisbon, CT
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