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433 Main St 2,699 SF 100% Leased Office Building New Hartford, CT 06057 $565,000 ($209.34/SF) 7.80% Cap Rate

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Executive Summary

Prime mixed-use commercial property located on Main Street with excellent visibility, close to amenities, and ample on-site parking. Property features four units plus a detached two-bay garage, all fully occupied. Residential units include two one-bedroom apartments and one two-bedroom apartment, along with a commercial space suitable for a variety of uses. Extensive renovations completed throughout including all new plumbing, electrical, heat pump systems, water heaters, separate utility meters, new kitchens, bathrooms, and a new common laundry room. Detached two-bay garage is also leased, providing additional income. Strong investment opportunity with multiple income streams, minimal deferred maintenance, a 7.8% cap rate, and a pro forma cap rate of 8.1%.

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,699 SF
Building Class
C
Year Built
1900
Price
$565,000
Price Per SF
$209.34
Cap Rate
7.80%
NOI
$44,070
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,350 SF
Building FAR
0.20
Lot Size
0.31 AC
Zoning
B-1 - Prime mixed-use commercial property
Parking
15 Spaces (5.56 Spaces per 1,000 SF Leased)

Amenities

  • Signage

Property Taxes

Property Taxes

Parcel Number
NHAR-000044A-000114-000004
Land Assessment
$61,390 (2025)
Improvements Assessment
$182,490 (2025)
Total Assessment
$243,880 (2025)
  • Listing ID: 39290449

  • Date on Market: 2/2/2026

  • Last Updated:

  • Address: 433 Main St, New Hartford, CT 06057

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