Surmount Represents Buyer And Seller In Retail Sale Of 265 West Main Street For $5.79M
265 West Main Street
$5,787,516
$857/SF
Building Size
6,749 SF
Asset Type
Retail
Closing
Dec 22, 2025
AI
The retail asset located at 265 West Main Street, Avon, CT was sold for $5,787,516. The property has a total square footage of 6,749, resulting in a price per square foot of $857.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,787,516
- Square Footage: 6,749
- Price per Square Foot: $857
- Address: 265 West Main Street
- Market: Avon, CT
Surmount, represented by Glen Kunofsky, Josh Kanter, Anthony D'Ambrosia, and Stewart Hickey, facilitated the transaction, working alongside their broker of record Bang Realty-New England, Inc., to represent both the buyer and seller in this deal involving Russell Speeder's Car Wash.
Players
Avon Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.74%
Cash-on-Cash
-0.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93