10 Bluff AveClinton, CT 06413

Property Details for 10 Bluff Ave

Year built

1987

Construction

FRAME

Property size (Sq ft)

928 SF

Property type

Office properties

APN

CLIN M:85 B:69 L:118 U:1-1

APU

CLINM85B69L118U11

Description

This exceptional 928-square-foot commercial unit, located at 10 Bluff Avenue Unit 1-1 in Clinton, CT, presents a fantastic opportunity for a variety of businesses. The property boasts a private office with its own dedicated entrance from the rear of the building, offering both privacy and convenience. The front entrance leads into a versatile space suitable for use as a waiting area, collaborative workspace, or open office layout, depending on the tenant's needs. This flexibility allows for customization to suit diverse business operations. The unit is situated on the main level, ensuring easy accessibility for clients and employees, further enhanced by the presence of a convenient ramp. This is a rare opportunity to secure a well-appointed commercial space in a desirable location. Note that two additional comparable units within the same building will soon become available for purchase, presenting potential for expansion or synergy with related businesses. The asking price for this exceptional unit is $78,000. The property sits on a lot with zero acres. This is an ideal space for a business seeking a well-located, accessible, and adaptable commercial unit in the thriving Clinton, CT market. Serious inquiries are encouraged to explore this promising investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $173,883

  6.5%

  $160,507

  7%

  $149,043

• Comparable approach

  Method

  Valuation

  Relative Method

  $121,252

  Geo Method

  $121,252

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $316,002

  Retail / Commercial

  $162,044

  Mixed-Use / Specialty

  $161,467

  Hospitality / Lodging

  $118,463

  Institutional / Educational

  $167,860

  Residential Income

  $196,396

  Multifamily

  $235,547

  Automotive / Energy

  $143,880

  Parking / Income-Based Land

  $49,651.30

  Restaurant / Food Service

  $83,980

  Healthcare / Senior Housing

  $165,581

Location Insight

City

Clinton

County

Middlesex

State

Connecticut

Latitude

41.2737

Longitude

-72.492

CBSA code

25540

CBSA name

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

Property Tax & Assessments

FAQs

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