60 Main StWindsor Locks, CT 06096

  • Retail space
  • 12,600 SF
For Lease
$13.24/SF/YR View listing

Property Details for 60 Main St

Year built
1983
Construction
STEEL FRAME
Lot size
1.83 AC
Property size (Sq ft)
12,600 SF
Zone code
BDRD
Property type
Retail space
APN
WINL M:29 B:56 L:4
APU
WINLM29B56L4

Description

This exceptional commercial property at 60 Main Street, Windsor Locks, CT 06096, offers a fantastic opportunity for businesses seeking flexible office space. Located in a bustling strip mall with high traffic visibility on Main Street, this property boasts a total of 10,840 square feet situated on 1.83 acres of land. The building, constructed in 1983, features a combination of traditional and creative office spaces, perfect for a variety of businesses. Currently, two spaces are available, ranging from 975 to 1,450 square feet. The property is zoned BUS2 and offers convenient access to Spring Street and Church Street. Utilities include electric and gas. While there are no elevators, the building's layout is designed for efficient use of space. The asking rent for Unit 15 (975 sq ft) is $1100 per month, plus utilities (electric). This is an ideal location for businesses seeking high visibility and convenient access to the heart of Windsor Locks. The property's multiple tenancy allows for a diverse range of businesses to thrive in this vibrant commercial setting. Don't miss this chance to secure your space in this prime Windsor Locks location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,062,240
    6.5%
    $2,826,683
    7%
    $2,624,777
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,148,716
    Geo Method
    $4,148,716
  • Alternative Use

    Use
    Valuation
    Residential
    $2,384,413
    Hospitality
    $2,184,109
    Educational
    $1,817,153
    Medical
    $1,879,648
    Retail
    $2,826,683

Location Insight

City
Windsor Locks
County
Hartford
State
Connecticut
Latitude
41.93
Longitude
-72.628
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
$10,240
-
$388,920
$388,920
-
-
-
-

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