330 Main StCheshire, CT 06410

Property Details for 330 Main St

Year built

1974

Construction

FRAME

Lot size

2.30 AC

Property size (Sq ft)

8,054 SF

Zone code

R-20A

Property type

Office buildings

APN

CHES M:64 B:291 L:

APU

CHESM64B291L

Description

This exceptional commercial property, located at 330 S Main St, Cheshire, CT 06410, presents a unique investment opportunity. The 8,054 square foot building, constructed in 1974 and renovated in 1992, sits on a generous 2.3-acre lot zoned R-20A. Currently configured as a single-unit, two-story office building, the property offers significant flexibility for a variety of uses. Its prime location at a signalized intersection, adjacent to a new 50,000 square foot medical facility, ensures high visibility and accessibility. The property boasts ample parking and is ideally suited for a restaurant, drive-thru, or professional office space. Its proximity to I-691 and I-84 provides excellent access to major transportation arteries. The building is available for sale by owner, with an asking price of $1,750,000 and an occupancy date of September 1, 2024. This property represents a compelling investment opportunity in a thriving, densely populated community with significant growth potential. The property's versatile floor plan and strategic location make it an attractive option for a wide range of businesses seeking high visibility and convenient access. This is a net lease investment.

• CAP approach

  CAP return

  Valuation

  6%

  $1,331,567

  6.5%

  $1,229,138

  7%

  $1,141,343

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,052,336

  Geo Method

  $1,052,336

• Alternative Use

  Use

  Valuation

  Residential

  $1,524,132

  Hospitality

  $1,396,096

  Educational

  $1,161,536

  Medical

  $1,201,483

  Retail

  $1,806,834

Location Insight

City

Cheshire

County

New Haven

State

Connecticut

Latitude

41.4935

Longitude

-72.9028

CBSA code

35300

CBSA name

NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].