207 Church StWethersfield, CT 06109

  • Showrooms
  • 21,510 SF

Property Details for 207 Church St

Year built
1880
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.88 AC
Property size (Sq ft)
21,510 SF
Zone code
TC
Property type
Showrooms
APN
WETH M:222 B:047
APU
WETHM222B047

Description

This iconic three-story building, originally constructed in 1880 and renovated in 2024, sits on a 2.34-acre lot at 207 Church St, Wethersfield, CT 06109. Boasting 21,150 total square feet, this adaptable space offers multiple suites, with a minimum divisible space of 2,780 square feet and a maximum contiguous space of 2,780 square feet. The property's zoning is TC, and its location in the Old Wethersfield submarket provides excellent visibility and accessibility. The building features two loading docks, two dock-high doors, and two drive-ins, complemented by ample parking with 300 spaces. Its versatile design caters to a variety of uses, including retail, office (creative, flex, executive, and medical), industrial (warehouse and distribution), restaurant, and event spaces. The building's rich history, combined with its recent renovations and planned capital improvements, presents a unique opportunity for businesses seeking a distinctive and functional space. Built-to-suit options are available. This property offers a blend of historic charm and modern functionality, making it an exceptional investment opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,227,681
    6.5%
    $4,825,552
    7%
    $4,480,870
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,082,452
    Geo Method
    $7,082,452
  • Alternative Use

    Use
    Valuation
    Residential
    $4,070,533
    Hospitality
    $3,728,587
    Educational
    $3,102,140
    Medical
    $3,208,828
    Retail
    $4,825,552

Location Insight

City
Wethersfield
County
Hartford
State
Connecticut
Latitude
41.7123
Longitude
-72.6619
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
$19,015
$113,400
$341,730
$455,130
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-
-
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FAQs

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