117 Route 66 E - Office FOR SALE


Columbia, CT 06237
$639,900 USD
860-721-9000
117 Route 66 E, Columbia, CT for Sale
$639,900 USD
Office - FOR SALE
1/2
null | 7.58% Cap Rate

117 Route 66 E
Columbia, CT 06237


HIGHLIGHTS

  • Great Owner/User investment property with long-term tenants!
  • Excellent street visibility
  • Newer construction so easier to maintain!

OVERVIEW

Reese & Company Real Estate, LLC is pleased to exclusively offer this 3,968± SF mixed-use asset located at 117 RT 66 East, Columbia, CT. Constructed in 2016, this colonial style two-building property features a stabilized long-term tenant base and future value-add upside — making it an exceptional opportunity for either the owner/user or the commercial investor. The property comprises two (2) separate but architecturally similar buildings connected by a distinctive natural stone retaining wall. Ground-floor suite features drive-in garage bay access, ideal for trades professionals — electricians, plumbers, HVAC contractors - requiring vehicle storage, workshop, or staging space alongside dedicated office and client-meeting areas. Second-floor suites offer professional office and residential use. The variety of space can create a true live-work environment for the right owner/user. The buildings enjoy a highly visible elevated position on the RT 66 East corridor, supported by a prominent multi-tenant monument sign and building façade signage. The property is positioned approximately one mile from the RT 6 / RT 66 interchange and within two miles of Willimantic’s restaurants, shops, and municipal services. Ample on-grade and upper-level parking serves both the ground-floor and second-floor tenants. The site boasts of open landscaped areas providing a serene environment for both businesses and residents alike.

FOR SALE DETAILS

PRICE

$639,900 USD

PRICE/SF

$161 USD /SF

CAP RATE

7.58%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Mixed-Use Investment Property

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.57 AC

LAND SF

199,069 SF

ZONING

M

APN/PARCEL ID

00049400

ASK ABOUT THIS PROPERTY

Dale ReeseReese Commercial Real EstateMore Info
860-721-9000

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Dale ReeseReese Commercial Real EstateMore Info
860-721-9000

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