87 Main Street

multifamily

87 Main Street

Deep River, Connecticut 6417

Price

$1,150,000

Price/SF

$157.53/SF

Building Size

7,300 SF

Lot Size

0.44 acres

Year Built

1850

Units

5

Property Description

VC Property Group is proud to present a rare two-parcel assemblage in Deep River, Connecticut, featuring a newer construction single-family residence, a five-unit mixed-use building with four residential apartments and one retail unit, and a contiguous 0.30-acre vacant parcel. Located in the highly desirable Lower Connecticut River Valley, the property is just 0.4 miles from Downtown Deep River and approximately 1 mile from Downtown Chester, providing convenient access to acclaimed restaurants, boutique shopping, marinas, and the region's historic village centers. Deep River continues to benefit from strong residential demand driven by limited housing inventory and spillover from neighboring Chester and Essex. The assemblage offers immediate cash flow with meaningful long-term upside, including the potential for a municipal lot line adjustment to combine the vacant parcel with the single-family residence, creating a premium residential asset, or to retain the parcel for future single-family development. Combining stabilized income, intrinsic residential value, and embedded development optionality, this offering presents a compelling investment opportunity in one of Connecticut's most desirable river communities.

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Photo Gallery

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87 Main Street

Additional Details

Zoning

VMU

MLS Number

24193614

Property ID

7b83538f-dc15-49e9-b872-434d363811a0

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MLS Information

MLS#: 24193614

Listed by: VC Property Group, LLC

Agent: Anthony Velez • (860) 300-3102 • leads@vcpropertygrp.com

This property information is provided by SmartMLS. Data may be subject to change. All information should be independently verified.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of SmartMLS. Real estate listings held by brokerage firms other than Great River Commercial are marked with the IDX logo.