97 Main St, Vernon, CT 06066
This exceptional 13,475 square foot property located at 97 Main Street, Vernon, CT, presents a unique investment opportunity. The building, formerly the historic Talcott Brothers Schoolhouse, sits on a 0.68-acre lot within the charming Talcottville Historic District. Its prime location offers easy access to Interstate 84 and benefits from a walkable neighborhood with nearby retail, restaurants, and a trail system. The exterior has undergone a significant restoration, boasting a brand new 50-year guaranteed GAF roof with full ice and water barrier, new sheathing and gutters, and substantially all new custom windows by GreenMountain. The brickwork and chimney have been expertly repointed, and the bell tower features a new slate roof. All asbestos has been removed, with reports available upon request. The interior has been substantially gutted, providing a blank canvas for a variety of uses. Ample on-site parking is available, and multiple water mains serve the property. Potential uses include a large historic home with a private gymnasium or multifamily conversion (subject to zoning approval). Seller financing may be considered for qualified buyers. This property offers a rare blend of history, functionality, and location, making it an ideal investment for discerning buyers. The asking price is $795,000.
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
R-27 · Vernon, CTVernon. 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.