856 Main StMonroe, CT 06468

Property Details for 856 Main St

Year built

1975

Construction

FRAME

Lot size

1.00 AC

Property size (Sq ft)

2,400 SF

Zone code

B1

Property type

Showrooms

APN

MONR M:103 B:018 L:00

APU

MONRM103B018L00

Description

This exceptional 2,400 square foot commercial property, located at 856 Main Street in Monroe, Connecticut (zip code 06468), offers a versatile space ideal for various business types. Classified as a Class B building, this single-story structure provides a blend of traditional, executive, creative, and medical office suitability. The space features approximately six individual offices, a spacious lobby/waiting area, and one bathroom. Ample parking is available with approximately twenty spots. The property boasts excellent visibility and accessibility, situated directly on Route 25/Main Street, a high-traffic area with a daily count of 21,000 vehicles. Utilities are separately metered, including city water, sewer, and gas. A prominent pylon sign offers excellent branding opportunities for your business name and logo. The property is available for multiple tenants. This prime location and functional layout make this an attractive opportunity for businesses seeking a well-maintained and conveniently located office space in Monroe, CT.

• CAP approach

  CAP return

  Valuation

  6%

  $454,003

  6.5%

  $419,080

  7%

  $389,146

• Comparable approach

  Method

  Valuation

  Relative Method

  $326,127

  Geo Method

  $326,127

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $817,247

  Mixed-Use / Specialty

  $417,586

  Hospitality / Lodging

  $306,370

  Office

  $415,105

  Institutional / Educational

  $434,121

  Residential Income

  $507,922

  Multifamily

  $609,174

  Automotive / Energy

  $372,104

  Parking / Income-Based Land

  $128,408

  Restaurant / Food Service

  $217,190

  Healthcare / Senior Housing

  $428,227

Location Insight

City

Monroe

County

Fairfield

State

Connecticut

Latitude

41.3498

Longitude

-73.2598

CBSA code

14860

CBSA name

BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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