2083 Main St - Office FOR SALE


$699,900 USD
203-581-4442
2083 Main St, Stratford, CT for Sale
$699,900 USD
Office - FOR SALE
1/6
null | Request Cap Rate


OVERVIEW

Commercial Building that has been rezoned to a 6-unit apartment building in the heart of Stratford CT on Main st. Two of the 6 units are work force housing and have to be leased at 80% of the average mean income. Just a short walk to the train station, on the bus route, close to shops and restaurants, 1 minute from exit 32 off I 95. This is the perfect commuter location. 1st floor lay out 3 units, 1st Fl Unit # 1: ADA accessible, 1 Br, 449 Sq FT (work Force unit): Unit # 2: 677 SQ FT 1 BR Market rate Unit: Unit #3 Efficiency 327 SQ FT (work Force Unit): 2nd Floor: 2 units, Unit #4: 524 SQ FT 1 bedroom (market rate): Unit #5: 763 SQ FT 1 Bedroom (Market Rate): Unit #6, 1000 SQ FT 2 Bedroom (Market Rate) the building is being used as an office, needs to converted to the apartment building. All the zoning approvals are in place, you will need building plans to pull a Building permit. Plenty of off-street parking: Owner of the building is an LLC, the managing member is a licensed Real Estate Broker

FOR SALE DETAILS

PRICE

$699,900 USD

PRICE/SF

$179 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1888

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

RS-4

APN/PARCEL ID

STRA-000408-000003-000025

ASK ABOUT THIS PROPERTY

Davis OwenDavis Owen Real EstateMore Info
203-581-4442

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Davis OwenDavis Owen Real EstateMore Info
203-581-4442

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