982 Rubber Ave - Office FOR SALE


Naugatuck, CT 06770- Seymour/Naugatuck/Ansonia
$499,000 USD
203-578-0208
982 Rubber Ave, Naugatuck, CT for Sale
$499,000 USD
Office - FOR SALE
1/15
null | Request Cap Rate

982 Rubber Ave
Naugatuck, CT 06770
Seymour/Naugatuck/Ansonia


HIGHLIGHTS

  • Fully leased 2-unit retail investment
  • Month-to-month leases
  • Owner-user opportunity
  • Apartment conversion opportunity

OVERVIEW

Freestanding Commercial Building on ±2.49 Acres $499,000 ±5,100 SF freestanding commercial building ±2.49 acres Suitable for owner-user or investor acquisition Potential apartment conversion opportunity, subject to zoning and municipal approvals Located along Naugatuck’s primary retail corridor, surrounded by a mix of national, regional, and local retailers Zoned R15 INVESTMENT HIGHLIGHTS Fully leased 2-unit retail investment Month-to-month leases in place Tenants pay all utilities (separately metered) NOI: $33,346.64 Asking Price: $499,000 FINANCIAL SUMMARY Sale Price: $499,000 Gross Income: $51,336 Expenses: Taxes: $10,689.36 Insurance: $3,400 Landscaping / Snow Plowing: 3,900 Total: $17,989.36 NOI: $33,346.64

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$110 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

2.49 AC

LAND SF

108,464 SF

ZONING

RADD

APN/PARCEL ID

NAUG-000000C-W001919

ASK ABOUT THIS PROPERTY

Nick LongoMatthews Commercial Properties, LLCMore Info
203-578-0208

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Nick LongoMatthews Commercial Properties, LLCMore Info
203-578-0208

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