935 Main StManchester, CT 06040

Property Details for 935 Main St

Year built

1921

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Property size (Sq ft)

1,400 SF

Property type

Office properties

APN

MANC M:79 B:3760 L:935 U:B1

APU

MANCM79B3760L935UB1

Description

This exceptional 2,532-square-foot retail condo is located in the heart of Downtown Manchester, Connecticut's vibrant Watkins Centre at 935 Main Street, Unit H. The single-tenant space offers a versatile layout ideal for a variety of commercial uses. Currently vacant, this property presents a unique opportunity for a business seeking a prominent location within a thriving community. The unit boasts a large kitchen area, two private offices, four additional rooms, and private bathrooms with showers, providing ample space and functionality. Elevator access ensures convenient access for all. Situated in the Downtown Manchester Special Services District, this property benefits from a high walkability score, placing it within easy reach of numerous locally owned shops, restaurants, and professional services. The area is known for its cultural vibrancy, hosting various annual events and showcasing local art through galleries, murals, and live music venues. This prime location offers a dynamic community atmosphere and historic charm, making it an attractive space for a single business or an opportunity for subdivision into multiple units. The property is located in Hartford County, Connecticut, with a zip code of 06040. The total building square footage is 2,532 square feet, all of which is currently vacant.

• CAP approach

  CAP return

  Valuation

  6%

  $231,462

  6.5%

  $213,657

  7%

  $198,396

• Comparable approach

  Method

  Valuation

  Relative Method

  $182,924

  Geo Method

  $182,924

• Alternative Use

  Use

  Valuation

  Residential

  $264,935

  Hospitality

  $242,679

  Educational

  $201,906

  Medical

  $208,850

  Retail

  $314,076

Location Insight

City

Manchester

County

Hartford

State

Connecticut

Latitude

41.7693

Longitude

-72.5206

CBSA code

25540

CBSA name

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

Property Tax & Assessments

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