380 Main StAvon, CT 06001

Property Details for 380 Main St

Year built

1994

Construction

STEEL FRAME

Lot size

13.08 AC

Zone code

CR

Property type

Other commercial real estate

Property subtype

Showrooms

APN

AVON M:7 L:4540380

APU

AVONM7L4540380

Description

Avon Marketplace offers two exceptional retail spaces totaling 10,270 square feet, situated in a vibrant and highly visible location within Hartford County. The property is a single-story building featuring multiple tenancies, with a minimum divisible space of 1,001 square feet and a maximum contiguous space of 4,974 square feet. Currently, 5,975 square feet are available for lease. The larger 4,974 square foot unit presents a unique opportunity for businesses seeking high visibility and significant square footage. Ideal uses for this space include fitness centers (gyms, cycle studios, boxing facilities), or service-oriented businesses. The property benefits from its strategic location in the desirable Avon/Simsbury market, attracting a strong customer base. The center already boasts successful and complementary businesses such as Salsa Fresca, Samara Med Spa, and Max A Mia, creating a synergistic environment for new tenants. This is an exceptional opportunity to establish a strong presence in a thriving retail center. The property offers excellent visibility and accessibility, making it an ideal location for a variety of retail and restaurant concepts. Interested parties should inquire about lease terms and availability.

• CAP approach

  CAP return

  Valuation

  6%

  $138,472,784

  6.5%

  $127,821,032

  7%

  $118,690,960

• Comparable approach

  Method

  Valuation

  Relative Method

  $187,602,640

  Geo Method

  $187,602,640

• Alternative Use

  Use

  Valuation

  Residential

  $107,821,824

  Hospitality

  $98,764,208

  Educational

  $82,170,664

  Medical

  $84,996,640

  Retail

  $127,821,032

Location Insight

City

Avon

County

Hartford

State

Connecticut

Latitude

41.8165

Longitude

-72.8618

CBSA code

25540

CBSA name

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

Property Tax & Assessments

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