$ 1,900,000
887 Main Street Monroe, CT 06468
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,900,000
Est. payment /mo
Active
887 Main Street Monroe, CT 06468
12,000 SqFt
UPDATED:
09/17/2024 06:24 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $158
MLS Listing ID 24046694
Year Built 1979
Annual Tax Amount $16,395
Lot Size 1.190 Acres
Property Description
Check out this prime industrial property located on Route 25, offering excellent visibility and accessibility. This versatile building features a mix of industrial and office tenants, with convenient common restrooms in the hallway. There are 7 units in total-5 office spaces on the first floor and 2 industrial units, with the ground level as the only available space, offering an opportunity for the new owner to lease. The **property is in excellent condition**, with all office units recently upgraded and well-maintained by the tenants. A prominent monument sign at the entrance lists all tenants, and the property includes additional land near the lower level for potential parking expansion, though the existing lot already has more than enough parking for both tenants and visitors. All tenants are current on rent, with many long-term occupants in place. The building is well-maintained, with regularly serviced A/C units and boilers in excellent condition. The seller is motivated and prefers a 1031 exchange but is flexible on price for strong offers only. Don't miss out on this great opportunity!
Location
State CT
County Fairfield
Zoning I1
Interior
Interior Features Handicap Design, Loading - Grade, Public Restrooms, Security System, Window Display
Heating Zoned
Cooling Central Air
Exterior
Utilities Available Electric, Gas, Telephone
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Story 2
Sewer Septic
Water Public Water Connected
Listed by Shy Grahame • Berkshire Hathaway NE Prop.