2404-2410 Main St - Storefront FOR SALE


$1,275,000 USD
203-335-5117
2404-2410 Main St, Stratford, CT for Sale
$1,275,000 USD
Storefront - FOR SALE
1/11
null | 5.72% Cap Rate

NEW



HIGHLIGHTS

  • A+ Downtown Stratford retail location walking distance to Metro North Train platform and right off I95
  • Significant upside potential in multiple retail units
  • Flexibility for owner occupancy on multiple units in excellent downtown Stratford location
  • Two brand new heating and cooling units

OVERVIEW

Baldwin Pearson & Co., Inc. is pleased to present 2404 Main Street Stratford, CT to the market. This exceptionally well-located retail asset is located in the Transit District in Downtown Stratford and sits along a highly visible, heavily trafficked corridor, just steps from the Metro-North train station, making it an outstanding opportunity for both investors and owner-users. The property features four retail storefronts, delivering immediate and stable cash flow with clear upside potential. The property will be delivered with flexibility for a new owner to pursue owner-user occupancy on select units or re-lease at higher market rents, while preserving strong in-place income. 2404 Main Street offers investors immediate returns with the opportunity to enhance value through rent growth across the retail lineup, in one of Stratford’s most sought-after commercial locations.

FOR SALE DETAILS

PRICE

$1,275,000 USD

PRICE/SF

$330 USD /SF

CAP RATE

5.72%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

-

APN/PARCEL ID

STRA-000409-000005-000003

ASK ABOUT THIS PROPERTY

Robert ShawahBaldwin Pearson & Company, Inc.More Info
203-335-5117

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Robert ShawahBaldwin Pearson & Company, Inc.More Info
203-335-5117

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