239 Main StKillingly, CT 06239
- Mixed-use properties
- 4,599 SF
Property Details for 239 Main St
- Year built
- 1820
- Construction
- FRAME
- Lot size
- 0.17 AC
- Property size (Sq ft)
- 4,599 SF
- Zone code
- BRHD
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- KILL M:181 B:129
- APU
- KILLM181B129
Description
This beautifully remodeled antique commercial mixed-use building at 239 Main Street, Killingly, CT, presents a unique investment or business opportunity. Priced at $415,000, this property boasts a prime location near the vibrant downtown area, offering easy access to major highways, local amenities such as the library, parks, restaurants, and shopping centers. The building's versatile layout includes a cozy one-bedroom apartment at the rear, ideal for owner occupancy or rental income. The front portion is currently configured for office or commercial use, spanning both the first and second floors. The building has undergone a significant renovation, featuring brand new flooring, updated electrical systems, modern plumbing, a new heating system, and energy-efficient replacement windows. This comprehensive renovation ensures a move-in ready condition, minimizing upfront costs for the new owner. With the appropriate town approvals, there's potential to reconfigure some of the existing space to create an additional residential unit, mirroring a previous two-apartment configuration. This flexibility makes the property exceptionally adaptable to a wide range of uses, catering to both commercial and residential needs. The combination of historical charm, modern updates, and a desirable location makes this a truly exceptional opportunity. Don't miss the chance to own a piece of Killingly's history.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $760,352
- 6.5%
- $701,863
- 7%
- $651,730
-
Comparable approach
- Method
- Valuation
- Relative Method
- $600,905
- Geo Method
- $600,905
-
Alternative Use
- Use
- Valuation
- Residential
- $870,311
- Hospitality
- $797,200
- Educational
- $663,261
- Medical
- $686,072
- Retail
- $1,031,739
Location Insight
- City
- Killingly
- County
- Windham
- State
- Connecticut
- Latitude
- 41.8076
- Longitude
- -71.8813
- CBSA code
- 49340
- CBSA name
- WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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