945 Main StManchester, CT 06040

Property Details for 945 Main St

Year built

1909

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Property size (Sq ft)

1,420 SF

Property type

Office properties

Property subtype

Other office properties

APN

MANC M:79 B:3760 L:945 U:103

APU

MANCM79B3760L945U103

Description

This exceptional 1,014 square foot commercial condo is ideally situated at 945 Main Street, Unit 307, in the heart of downtown Manchester, CT. The property offers a versatile layout perfect for a variety of professional uses. Features include private offices, providing ample space for individual work or team collaboration, and dedicated conference rooms for meetings and presentations. The unit is designed with accessibility in mind, ensuring compliance with handicap regulations. Convenient parking is available both in front of and behind the building, eliminating the hassle of finding a spot. The location offers easy access to and from Highway 384, making commuting a breeze for clients and employees alike. This move-in ready space presents a fantastic opportunity for businesses seeking a well-appointed, centrally located office in a thriving downtown area. The asking price for this exceptional property is $174,900. Don't miss this chance to establish your business in a highly desirable and accessible location. The property is a general commercial condo and sits on a lot with zero acres. The unit is ready for immediate occupancy and offers a unique blend of functionality and convenience.

• CAP approach

  CAP return

  Valuation

  6%

  $234,768

  6.5%

  $216,709

  7%

  $201,230

• Comparable approach

  Method

  Valuation

  Relative Method

  $185,537

  Geo Method

  $185,537

• Alternative Use

  Use

  Valuation

  Residential

  $268,720

  Hospitality

  $246,146

  Educational

  $204,790

  Medical

  $211,833

  Retail

  $318,563

Location Insight

City

Manchester

County

Hartford

State

Connecticut

Latitude

41.769

Longitude

-72.5205

CBSA code

25540

CBSA name

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

Property Tax & Assessments

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