203-912-1219
1130 E Putnam Ave, Riverside, CT for Sale
Auto Repair - FOR SALE
1/10
null | Request Cap Rate

1130 E Putnam Ave
Riverside, CT 06878


HIGHLIGHTS

  • PRIME CORNER 1.14 ACRE MIXED USE INVESTMENT
  • 7% RETURN - MAVIS AUTO LEASE UP TO 13 YEARS
  • Future Use - Current or Retail Center w/Residential

OVERVIEW

PRIME CORNER 1.14 ACRE MIXED USE INVESTMENT - 7% RETURN - MAVIS AUTO LEASE UP TO 13 YEARS - Future Use - Current or Retail Center w/Residential Opportunity: A rare opportunity to acquire a prime 1.14-acre property in the prestigious Riverside section of Greenwich. This asset offers strong current income. Future use options are to continue the existing use or to repurpose the commercial building as a boutique retail center. The rear of the property presents an outstanding opportunity for a multi-unit residential development. Improvements: 9,592 SF of total buildings consisting of a one story commercial building with basement plus two houses and a detached garage. Site: 1.1420 Acres in the LB and R-12 Zones. (Local Business and Residential)

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1116 - 1130 E Putnam Ave.

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

LB

APN/PARCEL ID

GREE-000005-000000-002047-S000000,GREE-000005-000000-002048-S000000

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Michael TedescoTedesco RealtyMore Info
203-912-1219

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Michael TedescoTedesco RealtyMore Info
203-912-1219

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