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!
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.
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.
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.