357 Kennedy DrPutnam, CT 06260

Property Details for 357 Kennedy Dr

Year built

1900

Construction

FRAME

Lot size

0.15 AC

Property size (Sq ft)

1,170 SF

Zone code

C-3

Property type

Other commercial real estate

Property subtype

Showrooms

APN

PUTN M:011 L:038 U:000

APU

PUTNM011L038U000

Description

This exceptional 1,872 square foot commercial property, located at 357 Kennedy Drive in Putnam, Connecticut, presents a unique opportunity for a variety of businesses. Recently and completely renovated, the space boasts a modern and inviting atmosphere, enhanced by features such as mini-split heating and cooling systems for optimal climate control. The property's strategic location at a major intersection ensures high traffic count and excellent visibility, complemented by a prime signage location for maximum brand exposure. Ample parking is available for both clients and employees. Inside, the space features recessed lighting, an impressive vaulted ceiling that adds to the spacious feel, and abundant natural light creating a bright and productive work environment. The property is ideally suited for a range of businesses, including but not limited to nail salons, hairdressers, physical therapy practices, medical offices, or government agencies. This single-tenant space in Windham County, Connecticut (zip code 06260) is ready for immediate occupancy. Updated photos will be available soon. This is a turnkey opportunity in a thriving location.

• CAP approach

  CAP return

  Valuation

  6%

  $284,351

  6.5%

  $262,478

  7%

  $243,729

• Comparable approach

  Method

  Valuation

  Relative Method

  $385,238

  Geo Method

  $385,238

• Alternative Use

  Use

  Valuation

  Residential

  $221,410

  Hospitality

  $202,810

  Educational

  $168,736

  Medical

  $174,539

  Retail

  $262,478

Location Insight

City

Putnam

County

Windham

State

Connecticut

Latitude

41.9222

Longitude

-71.9066

CBSA code

49340

CBSA name

WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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