290 Main StAvon, CT 06001

Property Details for 290 Main St

Year built

1985

Construction

FRAME

Lot size

1.80 AC

Zone code

CR

Property type

Showrooms

APN

AVON M:7 L:4540290

APU

AVONM7L4540290

Description

This exceptional 2,704 square foot retail space at 290 West Main Street in Avon, Capitol County, presents a unique leasing opportunity. Situated in a highly desirable area, this single-tenant end cap unit boasts an enviable location with visibility to nearly 25,000 vehicles daily. The property features a full basement, providing ample storage or expansion potential. Its strategic placement within a thriving retail corridor ensures significant foot traffic and brand recognition. Nearby prominent retailers such as Home Goods, Walmart, Marshalls, and Fresh Market create a synergistic environment, attracting a substantial customer base. Ample signage opportunities are available, both on the building itself and a prominent monument sign, maximizing visibility and attracting potential customers. This property is ideal for a variety of uses, including national brand retail, office space, or medical practices. The property type is classified as Retail and Land, with a subtype of Commercial Shopping Center. The building consists of a single suite. This is a rare opportunity to secure a prime retail location in a high-traffic area with excellent visibility and proximity to major retailers.

• CAP approach

  CAP return

  Valuation

  6%

  $19,055,882

  6.5%

  $17,590,044

  7%

  $16,333,612

• Comparable approach

  Method

  Valuation

  Relative Method

  $25,816,868

  Geo Method

  $25,816,868

• Alternative Use

  Use

  Valuation

  Residential

  $14,837,860

  Hospitality

  $13,591,400

  Educational

  $11,307,886

  Medical

  $11,696,781

  Retail

  $17,590,044

Location Insight

City

Avon

County

Hartford

State

Connecticut

Latitude

41.814

Longitude

-72.8559

CBSA code

25540

CBSA name

HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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