7 Providence PikePutnam, CT 06260

Property Details for 7 Providence Pike

Year built

1987

Construction

FRAME

Lot size

2.26 AC

Property size (Sq ft)

11,068 SF

Property type

Other commercial real estate

Property subtype

Showrooms

APN

PUTN M:026 L:068 U:000

APU

PUTNM026L068U000

Description

This exceptional 1-acre commercial pad site presents a remarkable opportunity in the thriving Stonewall Commons development in Putnam, Connecticut. Ideally located directly off Exit 47 of I-395 and situated on Route 44, this property boasts an impressive average daily traffic count of 15,000 or more vehicles. The site offers the flexibility of a build-to-suit option or the potential for a drive-thru design, catering to a wide range of commercial uses. Benefit from the strong synergy of established co-tenants, including Metro by T-Mobile, Subway, Charter Oak Credit Union, and Modern Nails & Spa, ensuring high visibility and foot traffic. Furthermore, the property enjoys proximity to a robust retail environment, with major national brands such as Advance Auto Parts, CVS, Walmart, Dunkin', Stop & Shop, Tractor Supply, and McDonald's nearby. This strategic location provides unparalleled access to a large consumer base and significant commercial activity. The property's single-tenant zoning and convenient access to a major interstate highway make it an ideal location for a variety of businesses seeking high visibility and strong consumer traffic. The address is 7 Providence Pike, Putnam, CT 06260. This is a rare opportunity to establish a presence in a thriving commercial center with excellent visibility and accessibility.

• CAP approach

  CAP return

  Valuation

  6%

  $2,689,910

  6.5%

  $2,482,994

  7%

  $2,305,638

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,644,285

  Geo Method

  $3,644,285

• Alternative Use

  Use

  Valuation

  Residential

  $2,094,498

  Hospitality

  $1,918,549

  Educational

  $1,596,210

  Medical

  $1,651,107

  Retail

  $2,482,994

Location Insight

City

Putnam

County

Windham

State

Connecticut

Latitude

41.9239

Longitude

-71.8822

CBSA code

49340

CBSA name

WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].