This exceptional 334 square foot office space is situated at 15 South Main Street, Unit #6, in the heart of Cheshire, Connecticut. Located at the highly visible corner of Route 10 and Route 70, directly across from Cheshire Academy, this property offers unparalleled visibility and accessibility. The building, constructed in 1900, boasts a blend of traditional and creative office space, making it ideal for a variety of businesses. This single-tenant space features convenient off-street parking and desirable front window exposure, perfect for signage and advertising. The property is part of a larger building encompassing 7,765 total square feet, situated on a 5.4-acre lot. The two-story building provides a unique and historic setting for your business. This is a rare opportunity to establish your presence in a thriving Cheshire community, benefiting from high foot traffic and excellent visibility. The property type is listed as Retail and Office, with the subtype specifically identified as Traditional and Creative Office. This versatile space is ready for immediate occupancy. Don't miss this chance to secure a prominent location in a desirable Connecticut town.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,887,166
6.5%
$1,742,000
7%
$1,617,571
Comparable approach
Method
Valuation
Relative Method
$2,556,729
Geo Method
$2,556,729
Alternative Use
Use
Valuation
Residential
$1,469,442
Hospitality
$1,346,001
Educational
$1,119,857
Medical
$1,158,370
Retail
$1,742,000
Location Insight
City
Cheshire
County
New Haven
State
Connecticut
Latitude
41.4989
Longitude
-72.9021
CBSA code
35300
CBSA name
NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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