12 Main StEssex, CT 06426

  • Showrooms
  • 7,968 SF
For Lease
$27.42/SF/YR View listing

Property Details for 12 Main St

Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.27 AC
Property size (Sq ft)
7,968 SF
Property type
Showrooms
APN
ESSE M:47 B:078
APU
ESSEM47B078

Description

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

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
$18,113
$355,500
$446,300
$801,800
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-
-
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