415 Silas Deane HwyWethersfield, CT 06109
- Office properties
- 19,440 SF
Property Details for 415 Silas Deane Hwy
- Year built
- 1970
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.86 AC
- Property size (Sq ft)
- 19,440 SF
- Zone code
- O
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- WETH M:208 B:022
- APU
- WETHM208B022
Description
This exceptional three-story retail building, located at 415 Silas Deane Highway in Wethersfield, Connecticut (06109), offers 20,070 square feet of completely vacant space. Currently zoned O, this property boasts a total of two suites, with a minimum divisible space of 1,070 square feet and a maximum contiguous space of 19,000 square feet. Built in 1970 and situated on a 0.86-acre lot, the building features convenient elevator access, ample parking, and large windows providing abundant natural light. The entire building has undergone a complete remodel, ensuring a modern and functional workspace. Its prime location on Silas Deane Highway offers excellent visibility and accessibility, with proximity to major roadways and local amenities. The property's Hartford County location and APN 766666 further identify this exceptional opportunity. This is an ideal location for businesses seeking high visibility and convenient access in a thriving Connecticut market. The building's recent renovation ensures a modern and efficient space ready for immediate occupancy. The flexible suite sizes cater to a variety of business needs, making this a truly versatile retail opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,214,013
- 6.5%
- $2,966,781
- 7%
- $2,754,868
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,540,030
- Geo Method
- $2,540,030
-
Alternative Use
- Use
- Valuation
- Residential
- $3,678,808
- Hospitality
- $3,369,769
- Educational
- $2,803,608
- Medical
- $2,900,028
- Retail
- $4,361,168
Location Insight
- City
- Wethersfield
- County
- Hartford
- State
- Connecticut
- Latitude
- 41.7147
- Longitude
- -72.665
- CBSA code
- 25540
- CBSA name
- HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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