127 Main StHebron, CT 06248

Property Details for 127 Main St

Year built

1974

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

5.93 AC

Property size (Sq ft)

34,102 SF

Zone code

MS

Property type

Super regional malls

APN

HEBR M:0013 L:18

APU

HEBRM0013L18

Description

This exceptional 4,140 square foot retail space, located at 127 Main Street in Hebron, Connecticut (zip code 06248), presents a unique opportunity for businesses seeking high visibility and ample foot traffic. Situated within the Village Shoppes Plaza, this single-tenant property benefits from its proximity to popular shopping destinations, restaurants, a liquor store, hair salon, and grocery store. The space, formerly a successful home decor store, features large picture windows flanking two front entryways, creating excellent natural light and curb appeal. An oversized rear garage door provides convenient access for receiving and deliveries, complemented by substantial utility and storage space. The property offers high visibility and ample parking, ensuring easy access for customers. The annual maintenance fee is $1 per square foot, payable in two installments. Sewer charges are usage-based. All utilities, heat, hot water, and insurance are the tenant's responsibility. Potential tenants should be aware that business uses are subject to local zoning ordinances and approvals. This prime location in bustling Hebron Center offers an unparalleled opportunity to establish or expand your business.

• CAP approach

  CAP return

  Valuation

  6%

  $6,451,010

  6.5%

  $5,954,780

  7%

  $5,529,440

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,634,000

  Geo Method

  $4,634,000

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $11,612,400

  Mixed-Use / Specialty

  $5,933,550

  Hospitality / Lodging

  $4,353,260

  Office

  $5,898,300

  Institutional / Educational

  $6,168,500

  Residential Income

  $7,217,140

  Multifamily

  $8,655,850

  Automotive / Energy

  $5,287,280

  Parking / Income-Based Land

  $1,824,580

  Restaurant / Food Service

  $3,086,080

  Healthcare / Senior Housing

  $6,084,740

Location Insight

City

Hebron

County

Tolland

State

Connecticut

Latitude

41.6621

Longitude

-72.3555

CBSA code

25540

CBSA name

HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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