33 Main StVernon, CT 06066

  • Retail properties
  • 15,177 SF
For Lease
$120/SF/YR View listing

Property Details for 33 Main St

Year built
1951
Construction
STEEL FRAME
Lot size
1.51 AC
Property size (Sq ft)
15,177 SF
Zone code
DBR
Property type
Retail properties
Property subtype
Super regional malls
APN
VERN M:40 B:0090 L:00002
APU
VERNM40B0090L00002

Description

This exceptional 6,000 square foot commercial property, located at 33-37 West Main Street in Vernon, CT, presents a unique investment opportunity. The building boasts a desirable single-tenant occupancy, offering flexibility for a variety of uses. Currently configured as adaptable space suitable for retail, executive office, medical office, or restaurant purposes, this property is ideally positioned to cater to diverse business needs. The two-story building features high ceilings (10 feet), providing an airy and spacious feel. The interior includes large rooms, two bathrooms, and a kitchen area, adding to its functionality and appeal. Situated on 1.5 acres of land, the property benefits from ample space and potential for expansion or outdoor amenities. The zoning is DBR. Its prime location across from Rockville General Hospital ensures high visibility and accessibility. The surrounding area features a thriving mix of businesses, including Boost Mobile, Antonio Pizzeria, and Get Fresh Laundromat, creating a vibrant and convenient environment. The property is also conveniently located within a 20-minute drive of downtown Hartford and is surrounded by a robust population of 174,000 residents within a 15-minute radius. This presents a compelling opportunity to establish a successful business in a high-traffic, well-established area. Don't miss this chance to secure a versatile and strategically located commercial property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,688,541
    6.5%
    $3,404,807
    7%
    $3,161,606
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,997,228
    Geo Method
    $4,997,228
  • Alternative Use

    Use
    Valuation
    Residential
    $2,872,082
    Hospitality
    $2,630,812
    Educational
    $2,188,804
    Medical
    $2,264,081
    Retail
    $3,404,807
33 Main St, Vernon, Connecticut

Location Insight

City
Vernon
County
Tolland
State
Connecticut
Latitude
41.8665
Longitude
-72.4491
CBSA code
25540
CBSA name
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$17,333
$211,400
$307,710
$519,110
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-
-
-

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