Ignite FB Tracking Pixel224 S Main Street, Newtown, CT 06470 - Michelle Delcourt
Luks Realty
Michelle Delcourt, Luks RealtyPhone: (203) 942-5965
Email: [email protected]
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listing
1 of 32
CommercialFor Sale
$1,200,000
224 S Main Street
Newtown, CT 06470
Courtesy of Coldwell Banker Realty
MLS: Smart MLS
Est. Mortgage
$6,294/mo

FIRST TIME ON THE MARKET! 5.6% CAP RATE WITH 1 VACANCY. CAP RATE WOULD BE INCREASED TO 7.3% IF FULLY OCCUPIED AT ASKING RENTAL RATE FOR THE 1 VACANT UNIT, THE TOTAL GROSS INCOME WOULD BE $116,471. THIS 1.73 ACRE CORNER LOT DIRECTLY LOCATED ON ROUTE 25/MAIN STREET SOUTH. THIS 6,000 SF, 6 UNIT, FREE STANDING RETAIL/OFFICE BUILDING COMES READY TO ADD YOUR BUSINESS TO WHILE EARNING SOME GREAT INCOME. LOCATED NEWTOWN, FAIRFIELD COUNTY, CT. CURRENT TENANTS ARE A HAIRDRESSER, BRIDAL STORE, DOG GROOMER, MASSAGE SPA, A VACANT UNIT (B) AND AN OFFICE USER THAT WILL BE VACATING UPON THE SALE OF THE BUILDING (UNIT D/F). THIS CORNER BUILDING HAS SIGNAGE AND IS AT THE CORNER OF THE PROPERTY AND THERE IS SIGNAGE ON THE DOORS AND IN SOME CASES, ON THE BUILDING. EACH UNIT IS 1,000 SF. BUILT IN 2006. CITY WATER, SEPTIC, GAS AND A/C. GREAT TENANTS. GREAT OPPORTUNITY TO BUY THE BUILDING AND PUT YOUR OWN BUSINESS IN IT.

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Information courtesy of Coldwell Banker Realty is subject to verification and is not guaranteed. Listing Data Last Updated 09/29/2023 09:13 AM
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