887 Main Street

Monroe, Connecticut 06468

Status
For Sale
Square Feet
12,000
Beds
0
Price
$1,700,000
Type
Commercial For Sale
Garages
Baths
0
MLS
24046694

Price

$1,700,000

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Interior Details

Interior Size
12,000 Sq Ft
Bedrooms
0
Bathrooms
0
Rooms Total
Garage

Exterior Details

Lot Size
1.19 Acres
Roof
Asphalt Shingle
Sewer
Septic
Construction
Construction
Cooling
Central Air

Other Information

Property Tax
$16,395
Assessed Value
$428,400
Elementary School
NULL
Middle School
NULL
High School
NULL

About Property

Check out this prime industrial property located on Route 25, offering excellent visibility and accessibility. This versatile building features a mix of industrial and office tenants, with convenient common restrooms in the hallway. There are 7 units in total-5 office spaces on the first floor and 2 industrial units, with the ground level as the only available space, offering an opportunity for the new owner to lease. The **property is in excellent condition**, with all office units recently upgraded and well-maintained by the tenants. A prominent monument sign at the entrance lists all tenants, and the property includes additional land near the lower level for potential parking expansion, though the existing lot already has more than enough parking for both tenants and visitors. All tenants are current on rent, with many long-term occupants in place. The building is well-maintained, with regularly serviced A/C units and boilers in excellent condition. The seller is motivated and prefers a 1031 exchange but is flexible on price for strong offers only. Don't miss out on this great opportunity!
Listed by Berkshire Hathaway NE Prop., Shy Grahame. Data sourced from SmartMLS

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