239 E Main St - Office FOR SALE


Clinton, CT 06413
$425,000 USD
860-388-3936
239 E Main St, Clinton, CT for Sale
$425,000 USD
Office - FOR SALE
1/13
null | Request Cap Rate

239 E Main St
Clinton, CT 06413


HIGHLIGHTS

  • Lots of Natural Light
  • 243 feet of Boston Post Rd Frontage
  • Marsh Views and lower level finished with full bathroom

OVERVIEW

Prime Mixed-Use Investment & Owner-Occupant Opportunity on the Connecticut Shoreline! Located in a highly visible, high-traffic area of Clinton, this well-maintained standalone building offers exceptional flexibility for investors, business owners, or owner-occupants. With 2,268 square feet of versatile space, the property is ideal for office, retail, showroom, professional services, or mixed-use applications. The main level is currently configured with two private offices, a reception/waiting area, conference room, storage room, half bath, and kitchenette. The walk-out lower level provides additional office, retail, showroom, or storage space and includes a full bath and kitchen, offering the potential to be configured for a second tenant and additional income stream. Perfect for an owner-user seeking space for their business while generating rental income, the property also presents an attractive investment opportunity. The current tenant has expressed interest in renewing and extending their lease for an additional 5-year term, providing the potential for stable, long-term income. Based on projected financials, the property is capable of generating an attractive 7% cap rate, making it a strong addition to an investment portfolio. Ample off-street parking accommodates up to 10 vehicles. Enjoy marsh views from the wraparound deck on the main level, accessed through two sets of sliding glass doors and surrounded by attractive landscaping. Situated on a corner lot at Route 1 and Meadow Road, a quiet dead-end street, the property benefits from excellent exposure, a crosswalk directly in front, and newly installed sidewalks. Thoughtfully updated and move-in ready, this unique property presents an outstanding opportunity for investors, business owners, or entrepreneurs seeking a highly visible shoreline location with income-producing potential. Current tenant in place until November with interest to renew.

FOR SALE DETAILS

PRICE

$425,000 USD

PRICE/SF

$141 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Restaurant, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

B-4

APN/PARCEL ID

CLIN-000078-000068-000012B

ASK ABOUT THIS PROPERTY

Lisa FeketeWilliam RaveisMore Info
860-388-3936

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Lisa FeketeWilliam RaveisMore Info
860-388-3936

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