795-803 King St - Freestanding FOR SALE


Bristol, CT 06010- Bristol/Plainville
$699,000 USD
631-678-3642
795-803 King St, Bristol, CT for Sale
$699,000 USD
Freestanding - FOR SALE
1/7
null | Request Cap Rate

795-803 King St
Bristol, CT 06010
Bristol/Plainville


HIGHLIGHTS

  • This multi-tenant retail strip is in a prime location of a high-traffic area with excellent visibility and access.
  • Bristol has a growing local economy and demand for commercial space. The Downtown Bristol revitalization project is generating immense growth.
  • The property caters to versatile uses and commercial needs, ensuring consistent demand and growth potential.
  • The city benefits from its proximity to Hartford, a major financial and insurance hub, while maintaining a strong local economic base.

OVERVIEW

Kng Realty is pleased to present the prime investment opportunity of a multi-tenant retail center consisting of five units in Bristol, CT. The opportunity offers upside potential with current under-market rental rates and room to increase. The units are small and consistently easy to rent. The strip is currently fully occupied generating stable rental income flow. The retail strip is ideally located on the busy King Street corridor. The property has low taxes and expenses, enabling a smooth ownership transition.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$159 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

CROSS STREETS

King Place

LAND ACRES

0.18 AC

LAND SF

7,840 SF

ZONING

BG

APN/PARCEL ID

BRIS-000037-000000-000124

ASK ABOUT THIS PROPERTY

Jeremy GounKng RealtyMore Info
631-678-3642

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Jeremy GounKng RealtyMore Info
631-678-3642

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