156 Main
Deep River, CT 06417
- – beds
- 2 baths
- 5,460 sqft
- 8,712 sqft lot
- $146 per sqft
- 1924 build
- – on site
This is a rare opportunity to acquire a fully stabilized retail asset in Downtown Deep River. Additional income generation is possible by monetizing 800sqft of unrented commercial space. Inside the past 5 years the owner has replaced the entire roof, upgraded the electrical service and replaced all of the furnaces. Upon leasing up the existing units along with the 800sqft space in the rear of the building, this property will appraise north of $1.2M. What this means for a potential buyer, is that through an all cash or bridge acquisition, they will be able to pull out 100% of their investment upon refinancing during the 12-24 month lease up period. The income analysis, location, walkability, and quintessential New England charm of downtown Deep River are all important considerations for buyers seeking a dream location for their small business. For non owner-operator investors the deal will provide stable returns and ease of management.
Last checked:
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Last updated May 13, 2025
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MLS# 24095526 —
The Building
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Year Built:1924
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Year Built Source:Public Records
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New Construction Type:No/Resale
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Style:Units are Side-by-Side
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Roof Information:Flat
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Attic:No
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Exterior Siding:Shingle
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Foundation Type:Stone
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Basement Description:Partial
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SqFt Total:5460
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SqFt Description:4,660 sqft retail plus 800 sqft storage
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SqFt Est Heated Above Grade:5460
Room Dimensions
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Living Area SqFt Per Public Record:4660
Location
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Directions:50 feet from the intersection of Route 80 and Main Street in Deep River.
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Neighborhood:N/A
The Property
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Parcel Number:962262
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Property Type:Multi-Family For Sale
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Property Subtype:5 Family+
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Zoning:VCD
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Acres:0.2
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Acres Source:Public Records
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Lot Description:Corner Lot, Sloping Lot
Listing Agent
- Contact info:
- Agent phone:
- (860) 519-3800
Taxes
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Tax Year:July 2024-June 2025
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Property Taxes:10111
Baths
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Total Baths:2
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Half Baths:2
The Listing
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Virtual Showing:No
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Home Warranty Offered:No
Heating & Cooling
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Heat Type:Hot Air
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Heat Fuel Type:Natural Gas
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Cooling System:Window Unit
Utilities
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Water Source:Public Water Connected
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Sewage System:Public Sewer Connected
Schools
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Elementary School:Per Board of Ed
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High School:Per Board of Ed
The Community
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Swimming Pool:No
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Direct Waterfront:No
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Waterfront Description:Not Applicable
Parking
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Garage & Parking:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/13/25
May 13, 2025
|
Listed / Active | SMART_MLS | $800,000 |