Portland CT Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
3,024
Status:
Active
Beds:
n/a
Lot size:
9.5 Acres
Year built:
1949
Baths:
MLS#:
24033998
Subdivision:
N/A

ADDITIONAL INFORMATION

Discover the perfect opportunity with this exceptional commercial property at 455 Portland Cobalt Rd in Portland, CT. This expansive 9.5-acre parcel features two structures, offering immense potential for various commercial ventures. The large, level lot provides ample space for development, parking, or expansion, making it ideal for a wide range of commercial uses. The property includes an 864 sq ft building, formerly a breakfast restaurant, that could possibly be repurposed for a cafe, retail space, or office. Additionally, there is a spacious 2160 sq ft structure that once housed the Portland Veterinary Hospital, which could be suitable for medical offices, clinics, or professional services. Or raze it all, and start a new project! Enjoy the assurance of fantastic visibility with eastbound traffic and exposure to over 15,200 vehicles per day as per the Department of Transportation. Centrally located in Connecticut, this property offers convenient access to major highways, ensuring it's easily accessible for customers and clients from across the state. This versatile property is perfect for entrepreneurs and investors looking for a project in a prime location. Whether you envision a bustling restaurant, a thriving retail center, or a professional office complex, 455 Portland Cobalt Rd offers the space and visibility to bring your vision to life. Opportunities like this are rare. Take advantage of the fantastic exposure and central location to make a landmark in Portland!

Type:
Business Opportunities
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Baths:
MLS#:
170624404
Subdivision:
N/A

ADDITIONAL INFORMATION

Wonderful opportunity to own an icon of Middlesex County. This charming & unique restaurant serves breakfast, lunch & sometimes Dinner! This award Winning Eatery boasts a growing business in the heart of Portland. Check out the reviews and see for yourself what everyone is talking about! This 63 seat restaurant sits in an ideal location. 35k traffic pass with over 40k a day over the bridge into Portland. Brainerd Place high end housing to be completed soon! One of the true area growth potential businesses.

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Davis E. Owen, Sr., License REB.0754414, Xome CT LLC, License REB.0790146 , [email protected], 844-400-XOME (9663), 2083 Main Street, Stratford, CT 06615


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Portland Real Estate

The median home value in Portland, CT is $415,500. This is higher than the county median home value of $369,500. The national median home value is $338,100. The average price of homes sold in Portland, CT is $415,500. Approximately 72.13% of Portland homes are owned, compared to 17.29% rented, while 10.59% are vacant. Portland real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Portland real estate agent to arrange a tour today!

Portland, Connecticut has a population of 9,459. Portland is more family-centric than the surrounding county with 33.88% of the households containing married families with children. The county average for households married with children is 27.85%.

The median household income in Portland, Connecticut is $107,034. The median household income for the surrounding county is $90,833 compared to the national median of $69,021. The median age of people living in Portland is 41.3 years.

Portland Weather

The average high temperature in July is 84.1 degrees, with an average low temperature in January of 18.8 degrees. The average rainfall is approximately 47.5 inches per year, with 34.7 inches of snow per year.

Portland Real Estate Market Conditions

  • Median sales price

    $415,500
    13.4% change since last quarter
  • # Active listings

    27
    30-day change

Portland Schools and Demographics

Education near Portland, CT

Metric City County
High School Graduates 93.36 94.99
College Degree - 2 year 9.22 9.43
College Degree - 4 year 46.87 43.62
Graduate Degree 11.58 14.16
Expenditures per Student 25,271 25,271
Students per Teacher 11.5 11.5

Elementary Schools near Portland, CT

School Grades Students P/T Ratio ZIP
Bielefield School KG - 06 309 13.6 06457
Edna C. Stevens School PK - 02 466 13.2 06416
Farm Hill School KG - 05 372 13.3 06457
Gildersleeve School 03 - 04 193 13.9 06480
Lawrence School KG - 05 281 13.4 06457
Macdonough School KG - 05 213 12 06457
Memorial School PK - 03 605 14.5 06424
Moody School KG - 05 261 14.8 06457
Nayaug Elementary School KG - 05 550 12.6 06073
PREK-Nayaug PK - PK 20 06073
Snow School PK - 05 405 16.1 06457
Spencer School KG - 05 299 13.8 06457
Valley View School PK - 02 313 14 06480
Wesley School KG - 05 278 13.8 06457
Woodside Intermediate School 03 - 05 481 15.4 06416

Middle Schools near Portland, CT

School Grades Students P/T Ratio ZIP
Brownstone Intermediate School 05 - 06 214 13.4 06480
Center School 04 - 05 283 13.7 06424
Cromwell Middle School 06 - 08 455 11.6 06416
East Hampton Middle School 06 - 08 432 11.5 06424
Keigwin Middle School 06 - 06 360 15.1 06457
Portland Middle School 07 - 08 239 12.3 06480
Woodrow Wilson Middle School 07 - 08 645 11.4 06457

High Schools near Portland, CT

School Grades Students P/T Ratio ZIP
Cromwell High School 09 - 12 566 12.2 06416
East Hampton High School 09 - 12 502 11.7 06424
Middletown High School 09 - 12 1,197 12.6 06457
Portland High School 09 - 12 369 12.3 06480
Walter G CADY School 08 - 12 101 06457

Ungraded Schools near Portland, CT

School Grades Students P/T Ratio ZIP
* Evening Program - MHS 09 - 12 24 06457
* MHS - Alternative Education Program 1 09 - 12 8 06457
* MHS - Alternative Education Program 2 09 - 12 11 06457
* Riverview School 07 - 12 61 06457
* Transition To Life Center 11 - 12 26 18 06457
* Virtual Learning Academy - MHS 09 - 12 9 06457

Demographics near Portland, CT

Metric City County
Neighborhood Type Small town
Population 9,459 164,568
Population Density 405 446
Median Age 41.3 45.9
People per Household 2.6 2.3
Median Household Income 107,034 90,833
Average Income per Capita 49,120 48,670