55 W Mystic Ave - Specialty FOR SALE


West Mystic, CT 06388 | 
$975,000 USD
203-727-2429
55 W Mystic Ave, West Mystic, CT for Sale
$975,000 USD
Specialty - FOR SALE
1/14
null | 5.64% Cap Rate

55 W Mystic Ave
West Mystic, CT 06388


HIGHLIGHTS

  • 5,010 Cars Per Day
  • Recently remodeled
  • U.S. Government Credit

OVERVIEW

Turnkey Investment: West Mystic, CT Post Office. Secure turnkey passive cash flow with this fully operational single-tenant USPS asset on West Mystic Ave. Backed by government credit, the site just executed a new lease renewal for reliable, recession-proof income. Centrally located in coastal Mystic, it sits moments from bustling downtown, Route 1, and I-95. Tenant is currently paying $22,474 annually the new lease renewal has been signed and is going into effect on October 1, 2027 expiring on September 30, 2032.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$738 USD /SF

CAP RATE

5.64%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

17,000 SF

ZONING

RS-12

APN/PARCEL ID

GROT-002618-000527-003752

ASK ABOUT THIS PROPERTY

Tonino MavuliSerhant CommercialMore Info
203-727-2429

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Tonino MavuliSerhant CommercialMore Info
203-727-2429

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