250 Terryville AveBristol, CT 06010

Property Details for 250 Terryville Ave

Year built

1925

Construction

FRAME

Lot size

1.40 AC

Property size (Sq ft)

1,638 SF

Zone code

BG

Property type

Other commercial real estate

Property subtype

Showrooms

APN

BRIS M:19 L:23

APU

BRISM19L23

Description

This exceptional commercial property presents a unique opportunity to own and operate a business while enjoying the convenience of living on-site. Located at 250 Terryville Avenue in Bristol, CT, this 1,638 square foot building sits on a generous 1.4-acre lot, offering ample space for expansion or outdoor activities. The property boasts an ideal corner location on Route 6, one of Bristol's busiest thoroughfares, ensuring high visibility and consistent traffic flow throughout the day. This prime location provides excellent exposure for any business seeking to establish a strong presence in the area. Access is convenient, with entrances and exits available from both Route 6 and Matthews Street. The property's strategic location also offers easy access to Route 8, Central Bristol, and Chippens Hill, providing convenient connections to major transportation routes and residential areas. Adding to its appeal, a four-bedroom home is included in the sale, providing the perfect live-work arrangement for the owner-operator. This combined commercial and residential property offers a rare opportunity to blend business and personal life seamlessly. The property is priced at $749,900. Don't miss this chance to acquire a highly visible and versatile commercial property with the added benefit of comfortable residential living.

• CAP approach

  CAP return

  Valuation

  6%

  $398,091

  6.5%

  $367,469

  7%

  $341,221

• Comparable approach

  Method

  Valuation

  Relative Method

  $539,333

  Geo Method

  $539,333

• Alternative Use

  Use

  Valuation

  Residential

  $309,974

  Hospitality

  $283,934

  Educational

  $236,230

  Medical

  $244,354

  Retail

  $367,469

Location Insight

City

Bristol

County

Hartford

State

Connecticut

Latitude

41.6814

Longitude

-72.9577

CBSA code

25540

CBSA name

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

Property Tax & Assessments

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