185 Main St - Apartments CONDO FOR SALE


Niantic, CT 06357- Southwest New London/Lyme
$1,795,000 USD
860-420-9775
185 Main St, Niantic, CT for Sale
$1,795,000 USD
Apartments CONDO - FOR SALE
1/3
null | Request Cap Rate


OVERVIEW

Northeast Private Client Group is pleased to exclusively present The Norton Commercial Condo, a ±4,967 rentable commercial condominium in Niantic, CT. The property is divided into four suites located on the ground floor of a boutique, luxury, waterfront 12 unit residential condominium building and is 100% leased. The property is ideally situated on Main Street (CT Route 156) in the heart of Niantic’s mixed-use village setting, directly across from the Niantic Boardwalk and Long Island Sound. Surrounded by beaches, shops, marinas, restaurants, entertainment, culture, and nightlife, the property lies within Niantic’s commercial core and enjoys outstanding access to a high-income demographic with strong consumer spending habits. Niantic offers convenient access to Interstates 95 and 395, as well as the region’s major employers and attractions.

FOR SALE DETAILS

PRICE

$1,795,000 USD

PRICE/SF

$361 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

18,144 SF

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,234 SF

ZONING

CB

APN/PARCEL ID

ELYM-001201-000079

ASK ABOUT THIS PROPERTY

Bradley BallettoNortheast Private Client GroupMore Info
860-420-9775

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Bradley BallettoNortheast Private Client GroupMore Info
860-420-9775

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