188 Main St - Office FOR SALE


Monroe, CT 06468
$875,000 USD
203-209-3337
188 Main St, Monroe, CT for Sale
$875,000 USD
Office - FOR SALE
1/4
null | Request Cap Rate

188 Main St
Monroe, CT 06468


HIGHLIGHTS

  • Heavy Daily Vehicular Traffic
  • Strong tenancy
  • Accessible Location

OVERVIEW

Prime Investment Opportunity! Office building located on well trafficked RT-25 in Monroe with 19,400+/- AADT. Building is currently at approximately 75% occupancy. Diverse mix of office tenants ranging from long term tenants to new lessees. Located in a flexible B-2 zone permitting a wide range of uses. Property has recently undergone upgrades including new exterior paint to the entire building, new siding on the front side of the building, upgrades to first floor units' doors and flooring as well as upgrades to the heating system and fuel storage. Property includes contractor/masonry shed and yard on north end of the property. Contact for more information.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$88 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

B-2

APN/PARCEL ID

MONR-000018-000043

ASK ABOUT THIS PROPERTY

Bryan AthertonAtherton Real Estate Advisors LLCMore Info
203-209-3337

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Bryan AthertonAtherton Real Estate Advisors LLCMore Info
203-209-3337

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