10 Main StClinton, CT 06413

  • Other commercial real estate
  • 5,244 SF
For Lease
$17/SF/YR View listing

Property Details for 10 Main St

Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.19 AC
Property size (Sq ft)
5,244 SF
Property type
Other commercial real estate
Property subtype
Showrooms
APN
CLIN M:45 B:34 L:3
APU
CLINM45B34L3

Description

This exceptional 2,800 square foot retail space is ideally situated in downtown Clinton, offering high visibility at a major traffic intersection. Located on Route 1/Boston Post Road, this property boasts 82 feet of frontage and benefits from a high traffic count of 10,500 vehicles. The building, constructed in 1950, is a Class A, two-story structure with a total of 5,244 square feet, situated on a 1.19-acre lot. The space includes a large, handicap-accessible bathroom and features a 10-foot ceiling height. A basement area offers additional restrooms and ample storage space, potentially available depending on lease terms. The property includes two dedicated parking lots providing a total of 12 parking spaces. Multiple large outdoor dining areas are available, making it perfect for restaurants or businesses requiring significant customer access. The property is zoned B-3 and benefits from gas heating, public water, and septic. Its convenient location is just 0.5 miles from the Clinton Marina and I-95, and directly across from a CVS and the new train station, ensuring high foot and vehicle traffic. The vacant space totals 4,200 square feet, with the listed 2,800 square foot space available for lease at $17 per square foot, NNN. Middlesex County location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,274,475
    6.5%
    $1,176,438
    7%
    $1,092,407
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,726,656
    Geo Method
    $1,726,656
  • Alternative Use

    Use
    Valuation
    Residential
    $992,370
    Hospitality
    $909,006
    Educational
    $756,282
    Medical
    $782,292
    Retail
    $1,176,438
10 Main St, Clinton, Connecticut

Location Insight

City
Clinton
County
Middlesex
State
Connecticut
Latitude
41.2783
Longitude
-72.5278
CBSA code
25540
CBSA name
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,778
$130,500
$230,800
$361,300
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-
-
-

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