110 Court StCromwell, CT 06416

Property Details for 110 Court St

Year built

2002

Construction

FRAME

Lot size

0.74 AC

Property size (Sq ft)

6,060 SF

Zone code

LB

Property type

Other commercial real estate

Property subtype

Showrooms

APN

CROM M:00156100

APU

CROMM00156100

Description

This exceptional office space, located at 110 Court St, Unit 1B, Cromwell, CT 06416, offers a versatile and convenient workspace. Situated on Route 3, this first-floor unit provides easy access and high visibility. The space is adaptable for various office uses, including traditional, creative, and medical practices, as indicated by its zoning (B1) and multiple-tenancy suitability. Currently, 200 square feet are immediately available, with a potential for expansion up to 400 square feet. The building boasts 35 off-street parking spaces, ensuring ample parking for tenants and visitors. The property is ADA compliant and features shared restrooms in the hallway. This is a gross lease, meaning utilities are included in the monthly rent of $650. A one-month security deposit and first month's rent are due at lease signing. This prime location in Middlesex County offers a blend of accessibility and modern amenities, making it an ideal choice for businesses seeking a comfortable and functional workspace. Don't miss this opportunity to secure your ideal office space.

• CAP approach

  CAP return

  Valuation

  6%

  $1,472,792

  6.5%

  $1,359,500

  7%

  $1,262,393

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,995,335

  Geo Method

  $1,995,335

• Alternative Use

  Use

  Valuation

  Residential

  $1,146,789

  Hospitality

  $1,050,453

  Educational

  $873,964

  Medical

  $904,021

  Retail

  $1,359,500

Location Insight

City

Cromwell

County

Middlesex

State

Connecticut

Latitude

41.6242

Longitude

-72.6751

CBSA code

25540

CBSA name

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

Property Tax & Assessments

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