10 Front Street, Canton (Collinsville), CT, 06019 | $1,800,000

A truly one-of-a-kind offering in the heart of Collinsville's historic village. This exceptional multi-level commercial building has been masterfully renovated from top to bottom. An outstanding opportunity within the highly sought-after Collinsville Design Village District. Blending rich industrial history with high-end modern finishes, this property stands in a class of its own. Spanning over 10, 000 square feet across four finished levels, the basement level features a fully operational barber shop, offering immediate income potential and a strong street-level presence. With existing leases in place, there is also the opportunity for new ownership to renegotiate tenancy as part of a value-add strategy. The main level offers three office suites, including two expansive offices and a distinctive space incorporating the original Collins Company bookkeeping vault-a striking and irreplaceable architectural feature. This level also includes a kitchenette and two half bathrooms. The second floor consists of four completely remodeled office suites and an additional half bathroom, all finished to a high standard and ideal for professional or creative use. The third level is a true showpiece, offering a fully built-out executive environment complete with a large kitchen, a full bathroom with a walk-in shower, two private offices, and an impressive fully integrated conference room with custom built-ins. A spacious lounge area with a pool table, bar seating, and additional built-ins creates a unique and elevated setting rarely seen in office properties. An increasingly uncommon asset in Collinsville, the property also includes a newly redone, dedicated parking lot with 12 on-site spaces, providing unmatched convenience for tenants and visitors alike. It also includes an outdoor sitting area with picnic tables. Positioned within the Collinsville Design Village District, the property benefits from flexible zoning intended to support a dynamic mix of uses such as office, retail, restaurant, and service-based businesses, as well as potential mixed-use configurations that may be permitted subject to applicable approvals. This is a rare opportunity to own a completely reimagined historic building where no detail has been overlooked in one of Connecticut's most distinctive and vibrant communities.

Features

  • Town: Canton
  • Current Use: Barber Shop & Owner Occupied Office Space
  • Utilities: Electric,Gas
  • Garage: Paved,Parking Lot,Off Street Parking
  • Parking: 12-car
  • Heating: Hot Water
  • Cooling: Central Air,Split System
  • Zoning: CVDD
  • Frontage: Municipal Street,Paved Road
  • Year Built: 1800
  • Approx Sq. Feet: 10,388
  • Acreage: 0.36
  • Est. Taxes: $21,129
  • Lot Desc: Corner Lot
  • MLS#: 24172012
  • Website: https://www.raveis.com
    /prop/24172012/10frontstreet_canton_ct?source=qrflyer
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Listing courtesy of Carol Cole Real Estate, LLC   Phone: (860) 212-0687

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NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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10 Front Street, Canton (Collinsville), CT, 06019

$1,800,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,440,000 $1,440,000 $1,440,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.117% 6.235% 6.058%
Monthly Tax Payment $1,761 $1,761 $1,761
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,064 $8,750 $12,055
Total Monthly Payment $9,950 $10,636 $13,941

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.