This 350-square-foot office space is located on the second floor of the Essex Village Post Office building at 12 Main Street, Unit 4, in Essex, Connecticut (zip code 06426). The property is a single-tenant space classified as both a traditional and executive office. It's situated in Middlesex County and offers excellent visibility for signage opportunities. A key benefit is the ample off-street parking available on-site. The unit is ideal for a small business or professional needing a well-located, easily accessible office space. The address is easily identifiable and benefits from high foot traffic. This is a traditional office layout suitable for various professional uses. The space is ready for immediate occupancy. The property is conveniently located in Essex, CT, providing easy access to local amenities and transportation. This is a fantastic opportunity for a business seeking a prominent location with convenient parking.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,936,502
6.5%
$1,787,540
7%
$1,659,859
Comparable approach
Method
Valuation
Relative Method
$2,623,569
Geo Method
$2,623,569
Alternative Use
Use
Valuation
Residential
$1,507,857
Hospitality
$1,381,189
Educational
$1,149,133
Medical
$1,188,654
Retail
$1,787,540
Location Insight
City
Essex
County
Middlesex
State
Connecticut
Latitude
41.3525
Longitude
-72.3898
CBSA code
25540
CBSA name
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
2 - 1\/2 baths and an unfinished loft area. The first floor is 1240 sq ft and second floor is 510 sq ft that could be used as storage or renovated to produce a total 1750 sq ft. The complex is presently occupied by 7 medical and professional offices and a hair salon.Nice interior courtyard. Plenty of parking...known as Shoreline Professional Center come take a look!""""}"""
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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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