685 Boston Post Rd - Storefront FOR SALE


Madison, CT 06443
$650,000 USD
860-539-8301
685 Boston Post Rd, Madison, CT for Sale
$650,000 USD
Storefront - FOR SALE
1/9
null | Request Cap Rate

685 Boston Post Rd
Madison, CT 06443


OVERVIEW

This well-maintained mixed-use property offers a unique opportunity in the center of downtown Madison. Fully occupied and rarely available on the open market, the building is situated to provide direct water views and the convenience of private parking. The property has been consistently cared for and features a substantial list of recent improvements, including but not limited to roof, siding, windows, and septic system. The interior has been similarly updated with modernized electrical and mechanical systems, along with a renovated upstairs apartment. Designed for straightforward management with separate mechanicals for each unit, this offering presents a stable, turnkey investment for a landlord. Alternatively, it provides a versatile layout for an owner-user looking to open their own business in a downtown Madison while benefiting from the residential income upstairs. Grounded by its proximity to the heart of town and thorough capital improvements, this is a practical and flexible property for a variety of needs.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$397 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

685 Boston Post Rd, Madison CT 06443

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1860

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,217 SF

ZONING

DW

APN/PARCEL ID

MADI-000038-000000-000091

ASK ABOUT THIS PROPERTY

Cory TylerBerkshire Hathaway HomeServices New EnglandMore Info
860-539-8301

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Cory TylerBerkshire Hathaway HomeServices New EnglandMore Info
860-539-8301

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