290 Main StAvon, CT 06001
- Other commercial real estate
- 1.80 AC
Property Details for 290 Main St
- Year built
- 1985
- Construction
- FRAME
- Lot size
- 1.80 AC
- Zone code
- CR
- Property type
- Other commercial real estate
- Property subtype
- 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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