156 Main St Deep River, CT 06417
Estimated payment $4,539/month
About This Home
The walkability and quintessential New England charm of this downtown strip are all important considerations for small business owners and tourists alike. This is a rare opportunity to acquire a stabilized retail asset with recent CAP ex renovations on Main Street in Deep River. 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 $1M. For well qualified buyers we project an 80% LTV for the commercial bridge loan product.
Listing Agent
VC Property Group, LLC Brokerage Phone: (860) 343-7800 License #RES.0818692 Listed on: 05/12/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,515
Year Built
- Built in 1924
Lot Details
- 8,712 Sq Ft Lot
Home Design
- Side-by-Side
- Flat Roof Shape
- Stone Foundation
- Frame Construction
- Flat Tile Roof
- Shingle Siding
Interior Spaces
- 5,460 Sq Ft Home
- Partial Basement
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
Community Details
- 3 Units
- Gross Income $51,600
Listing and Financial Details
- Exclusions: Tenant fixtures in the pizza shop.
- Assessor Parcel Number 962262
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,515 | $328,790 | $100,870 | $227,920 |
| 2024 | $10,111 | $322,210 | $100,870 | $221,340 |
| 2023 | $9,628 | $322,210 | $100,870 | $221,340 |
| 2022 | $9,338 | $322,210 | $100,870 | $221,340 |
| 2021 | $9,531 | $322,210 | $100,870 | $221,340 |
| 2020 | $10,436 | $347,970 | $123,340 | $224,630 |
| 2019 | $10,237 | $347,970 | $123,340 | $224,630 |
| 2018 | $10,237 | $347,970 | $123,340 | $224,630 |
| 2017 | $10,063 | $347,970 | $123,340 | $224,630 |
| 2016 | $9,489 | $344,680 | $123,340 | $221,340 |
| 2015 | $8,569 | $326,060 | $123,410 | $202,650 |
| 2014 | $8,265 | $319,340 | $123,410 | $195,930 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/03/2025 10/03/25 | Price Changed | $695,000 | 0.0% | $127 / Sq Ft |
| 10/03/2025 10/03/25 | For Sale | $695,000 | -7.3% | $127 / Sq Ft |
| 10/02/2025 10/02/25 | Off Market | $750,000 | -- | -- |
| 07/07/2025 07/07/25 | Price Changed | $750,000 | -6.3% | $137 / Sq Ft |
| 05/12/2025 05/12/25 | For Sale | $800,000 | -- | $147 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $160,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $140,000 | Commercial | |
| Previous Owner | $108,000 | Commercial | |
| Previous Owner | $190,500 | Commercial |
Source: SmartMLS
MLS Number: 24095526
APN: DEEP-000057-000000-000015
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