2 Gordon StSimsbury, CT 06070

Property Details for 2 Gordon St

Year built

1979

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.88 AC

Property size (Sq ft)

3,440 SF

Zone code

B-1

Property type

Office buildings

APN

SIMS M:H03 B:426 L:17

APU

SIMSMH03B426L17

Description

This exceptional commercial property, located at 2 Gordon Street in Simsbury, Connecticut, offers approximately 1,500 square feet of office space available for lease. Situated on a 0.88-acre lot, this property enjoys a highly visible location on busy Route 202, providing excellent exposure for any business. The convenient location offers easy access to both the Granby town line and downtown Simsbury, ensuring a strategic position for reaching a wide customer base. The total building size is 2,000 square feet, offering potential for expansion or additional uses, subject to local zoning regulations. The property is ideal for a variety of businesses seeking a well-situated and accessible office space in a thriving Connecticut community. This is a fantastic opportunity to establish or relocate your business in a prime location with excellent visibility and convenient access to major roadways and local amenities. The asking price for this lease is $17,000 (lease terms to be negotiated). Interested parties are encouraged to inquire for further details and to schedule a viewing. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $644,566

  6.5%

  $594,984

  7%

  $552,485

• Comparable approach

  Method

  Valuation

  Relative Method

  $449,470

  Geo Method

  $449,470

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,171,390

  Retail / Commercial

  $600,681

  Mixed-Use / Specialty

  $598,540

  Hospitality / Lodging

  $439,130

  Institutional / Educational

  $622,240

  Residential Income

  $728,021

  Multifamily

  $873,149

  Automotive / Energy

  $533,349

  Parking / Income-Based Land

  $184,052

  Restaurant / Food Service

  $311,305

  Healthcare / Senior Housing

  $613,791

Location Insight

City

Simsbury

County

Hartford

State

Connecticut

Latitude

41.912

Longitude

-72.7899

CBSA code

25540

CBSA name

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

Property Tax & Assessments

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