144 Main StBrooklyn, CT 06239

  • Other commercial real estate
  • 2,271 SF
For Sale
$199,000 View listing

Property Details for 144 Main St

Year built
1940
Construction
FRAME
Lot size
0.29 AC
Property size (Sq ft)
2,271 SF
Zone code
NC
Property type
Other commercial real estate
Property subtype
Showrooms
APN
BROO M:47 L:30A
APU
BROOM47L30A

Description

This exceptional mixed-use property in Brooklyn, Connecticut, presents a unique investment opportunity. Located at 144 S Main St, 06239, this property offers 2,271 square feet of space, currently configured as an office and warehouse. The asking price is $199,000, translating to $87.63 per square foot. The property consists of two buildings, each offering distinct advantages. The office space, previously occupied by an insurance company, is meticulously maintained and in excellent condition, ideal for a variety of businesses. Its convenient location just off Route 6 and near I-395 ensures high visibility and easy access for clients and employees. The accompanying warehouse component provides substantial storage capacity, spanning two floors, with 1575 square feet on each level. This versatile space offers significant potential for expansion. Subject to town approval, there's ample room to add additional office space or even living quarters, maximizing the property's functionality and return on investment. This property is a rare find, combining prime location, versatile space, and significant upside potential. The two buildings and two units offer flexibility for various business needs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $551,932
    6.5%
    $509,476
    7%
    $473,085
  • Comparable approach

    Method
    Valuation
    Relative Method
    $747,757
    Geo Method
    $747,757
  • Alternative Use

    Use
    Valuation
    Residential
    $429,762
    Hospitality
    $393,660
    Educational
    $327,520
    Medical
    $338,784
    Retail
    $509,476
144 Main St, Brooklyn, Connecticut

Location Insight

City
Brooklyn
County
Windham
State
Connecticut
Latitude
41.8006
Longitude
-71.8918
CBSA code
49340
CBSA name
WORCESTER, MA-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
$2,765
$28,600
$62,500
$91,100
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-
-
-

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