1062 Portland Cobalt Rd - Office FOR SALE


Portland, CT 06480- East Hampton/Portland
$309,900 USD
860-508-2102
1062 Portland Cobalt Rd, Portland, CT for Sale
$309,900 USD
Office - FOR SALE
1/35
null | Request Cap Rate

1062 Portland Cobalt Rd
Portland, CT 06480
East Hampton/Portland


HIGHLIGHTS

  • Meticulously maintained and highly adaptable commercial property
  • Offering 3,556 SF of flexible space ideal for a variety of professional uses. Building, constructed in 1949 and thoughtfully improved by current owner
  • Its location on Route 66 ensures high visibility and convenient access for you & your clients. A truly versatile asset

OVERVIEW

Discover a meticulously maintained and highly adaptable commercial property at 1062 Portland Cobalt Rd, offering 3,556 SF of flexible space ideal for a variety of professional uses. This building, constructed in 1949 and thoughtfully improved by the current owners, has seen numerous recent updates and is in excellent condition throughout. The property is currently configured as two distinct units, each with separate utilities, including central A/C. The right-hand unit is occupied by a skincare/wellness studio tenant who will be vacating prior to closing. The left-hand unit, with 5 separate working spaces, has been used as an office & workshop by the current owner. Whether you're a business owner looking to occupy one or both spaces, or an investor seeking to lease both units, this property offers outstanding flexibility to meet your goals. Set on 0.85 acres with 14 on-site surface parking spaces, the building is well-suited for a wide variety of uses, including professional offices, medical or wellness practices, creative or studio space, light retail, educational or training facilities, other commercial or service-oriented operations, & more. Its location on Route 66 ensures high visibility and convenient access for you & your clients. A truly versatile asset, this well-cared-for property offers endless potential & is ready for a new owner!

FOR SALE DETAILS

PRICE

$309,900 USD

PRICE/SF

$123 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

B2

APN/PARCEL ID

PORT-000023-000000-000020

ASK ABOUT THIS PROPERTY

Lisa CozziThe Cozzi TeamMore Info
860-508-2102

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Lisa CozziThe Cozzi TeamMore Info
860-508-2102

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.