131 Main StThomaston, CT 06787

Property Details for 131 Main St

Year built

1989

Construction

FRAME

Lot size

0.80 AC

Property size (Sq ft)

10,680 SF

Zone code

GC

Property type

Other commercial real estate

Property subtype

Showrooms

APN

THOM M:40 B:14 L:27

APU

THOMM40B14L27

Description

This exceptional 998-square-foot retail or office space is situated within a vibrant Main Street plaza in Litchfield County. Built in 1989, this single-story building offers a modern and functional layout, perfect for a variety of businesses. The space is part of a larger 9,440-square-foot multi-tenant building, providing a collaborative and bustling atmosphere. The property boasts ample parking, a significant advantage for both employees and customers. The lease rate is $1,300 per month, plus utilities. A paint and flooring allowance is included, allowing for customization to suit your specific business needs. The space is equipped with 200 amps of power, ensuring sufficient electrical capacity for most business operations. This prime location on Main Street offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a thriving commercial environment. The property is classified as both retail and office space, and is specifically suited for executive or medical office uses. Don't miss this opportunity to establish your business in a highly desirable and convenient location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,595,613

  6.5%

  $2,395,950

  7%

  $2,224,811

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,516,531

  Geo Method

  $3,516,531

• Alternative Use

  Use

  Valuation

  Residential

  $2,021,074

  Hospitality

  $1,851,293

  Educational

  $1,540,254

  Medical

  $1,593,226

  Retail

  $2,395,950

Location Insight

City

Thomaston

County

Litchfield

State

Connecticut

Latitude

41.673

Longitude

-73.0736

CBSA code

45860

CBSA name

TORRINGTON, CT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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