830 Main StCheshire, CT 06410

This exceptional 19,600 square foot retail property, located at 830 South Main Street in Cheshire, Connecticut, presents a compelling value-add investment opportunity. The property comprises four buildings situated on approximately 3.5 to 4 acres of land, zoned C-3, and boasts a prime location on busy Route 10, at the intersection of Route 42, with excellent ingress/egress. The site benefits from high traffic counts exceeding 20,000 vehicles daily, according to Costar data, and enjoys proximity to established national retailers such as McDonald's, Starbucks, Napa, and Dunkin'. The property features a mix of retail tenants, including a stabilized storefront with a 10-year lease, a gift shop, and a mortgage company. Additionally, there's a vacant industrial-style unit and a separate industrial/shipping and receiving building on a lot with Jinney Hill Road frontage. The main Route 10 lot encompasses 1.7 acres, while the Jinney Hill lot comprises 0.93 acres. Currently, the property has a 50% occupancy rate, generating a net operating income (NOI) of $9,400. The asking price is $1,900,000, translating to $96.94 per square foot. The property is offered for sale, ground lease, or build-to-suit opportunities. Detailed demographic reports and site plans are available upon request. This is an ideal opportunity for investors seeking a strong retail presence in a thriving Connecticut market.