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20995799
20995801

97 Main St, Vernon, CT 06066

FA
CT REB.0756053, MA 148382
Amodio & Co Real Estate
EA
CT REB.0790550, MA REB.9520046
Amodio & Co Real Estate
Listed by Amodio & Co Real Estate
$649,000
535 days on market
Updated 83 days ago

Historic School Conversion Opportunity

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 13,475
Broker Co-Op Yes
Class B
Year Built 1880, 1969, 1970
Buildings 1
Stories 2
Acreage 0.740
Zoning R-27
Ground Lease No

Multifamily Conversion Opportunity

Marketing description

Amodio & Co has been exclusively retained to sell 97 Main St., Vernon, CT. This property is ideally suited for multifamily conversion (subject to zoning approval). 97 Main St. is located in the Talcottville Historic District which features a quaint village with minimal traffic. Walkable neighborhood with trail system. Retail & restaurants located nearby.

  • 13,475 SF on +/- .68 acres

  • New roof, sheathing & gutters

  • Substantially all new windows

  • Ample on-site parking availability

  • Exceptional highway access - Interstate 84

  • Seller financing may be available to qualified Buyer

  • Substantially all new custom windows by GreenMountain

  • Repointed brickwork & chimney

  • New 50 year guaranty GAF roof, full ice & water barrier

  • New slate on Bell Tower

  • New sheathing & gutters

  • Asbestos removed - reports available

  • Multiple water mains available

Investment highlights

Investment Highlights

Strong Demographics and Household Growth (One-Mile Radius)

  • Average household income is $101,000

  • 53% of households make more than $75,000

  • Median age is 44

  • Over half of the population has a bachelor’s degree or better

Great Dual Commuter Location

Easy access to Interstates 84, 91, and 291; 20 minutes east of Hartford and 30 minutes south of Springfield, Massachusetts

Strong Local Employment Drivers

  • Twenty minutes to the Hartford CBD, home to several of the state’s largest employers including United Technologies, Hartford Financial Services Group, Aetna, Travelers, UCONN, Cigna, Hartford Hospital, Bank of America, United Healthcare, and St. Francis Hospital

  • Thirty minutes to the new $950 million MGM Casino in Springfield, Massachusetts

  • Twenty minutes to the one-million-square-foot Amazon Distribution Center in Windsor

Region’s Shopping and Dining Nearby

Proximate to Buckland Hills with nearly 6,000,000 square feet anchored by Macy’s, JC Penney, H&M, Dick’s Sporting Goods along with 125 retail stores, service, and restaurants including Aldi, Cumberland Farms, Stop & Shop, Starbucks, Staples, T.J. Maxx & Home Goods

Conveniently located near interstate 84 and Route 83 can accommodate many life style interests including access to Hartford, Boston, local theatres, access to historic points of interest, and other outdoors interests including hiking and biking

Scenic walkway with easy access to 60 – 70 acres of natural trail

Listing Contacts

FA
CT REB.0756053, MA 148382
Amodio & Co Real Estate
EA
CT REB.0790550, MA REB.9520046
Amodio & Co Real Estate
Listed by Amodio & Co Real Estate

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Additional Information

Name
Frank Amodio, Sr., CCIM
License
REB.0756053
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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