103 Main StAnsonia, CT 06401

Property Details for 103 Main St

Year built

1865

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.06 AC

Property size (Sq ft)

3,100 SF

Zone code

HI

Property type

Office buildings

APN

ANSO M:044 B:0015 L:0000

APU

ANSOM044B0015L0000

Description

This exceptional commercial property at 103 Main Street, Ansonia, CT, offers 3,100 square feet of adaptable space spread across three floors. The first floor, encompassing 1,100 square feet, boasts recently updated professional office space, ideal for immediate occupancy. Features include new mechanical systems, fresh paint, new windows, a private conference room, reception area, four perimeter offices, and two bathrooms. This floor's efficient layout allows for easy division. The second and third floors, each measuring 1,100 square feet, provide a blank canvas for customization. With ceiling heights ranging from 14 to 18 feet, classic exposed brick, and large energy-efficient windows, these floors are perfect for a variety of uses, including residential units, professional offices, or light manufacturing. The flexible HI zoning allows for diverse possibilities. The 0.06-acre lot offers ample on-street parking, supplemented by a nearby free municipal lot. This location provides convenient access to major transportation arteries, including Route 8, Route 15, I-95 (within 10 miles), and US Route 1, ensuring easy commutes to Milford, New Haven, and Tweed New Haven Airport. The property's prime location across from the Uptown Restaurant on a revitalized Main Street adds significant appeal. This is a rare opportunity to acquire a well-situated, versatile commercial building in a growing area. The seller is motivated and seeking qualified offers. The price has been reduced by $100,000.

• CAP approach

  CAP return

  Valuation

  6%

  $512,523

  6.5%

  $473,098

  7%

  $439,305

• Comparable approach

  Method

  Valuation

  Relative Method

  $405,046

  Geo Method

  $405,046

• Alternative Use

  Use

  Valuation

  Residential

  $586,641

  Hospitality

  $537,360

  Educational

  $447,077

  Medical

  $462,453

  Retail

  $695,454

Location Insight

City

Ansonia

County

New Haven

State

Connecticut

Latitude

41.3449

Longitude

-73.0791

CBSA code

35300

CBSA name

NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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