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$ 2,500,000
Est. payment | /mo
17 Baths
6,705 SqFt
$ 2,500,000
Est. payment | /mo
17 Baths
6,705 SqFt
Key Details
Property Type Commercial
Listing Status Under Contract
Purchase Type For Sale
Square Footage 6,705 sqft
Price per Sqft $372
MLS Listing ID 24035715
Full Baths 10
Half Baths 7
Year Built 1812
Annual Tax Amount $14,979
Lot Size 1.910 Acres
Property Description
Commercial Real Estate Investors take notice! Discover an exceptional investment opportunity with this newly remodeled mixed-use commercial property, ideally situated on 1.91 acres along the bustling Boston Post Road in Madison, CT. Boasting an impressive 597 sq/ft of road frontage, this prime location ensures high visibility and accessibility. Currently, the property is 90% rented and the mixed-use building includes, 9 One Bedroom Motel Rooms, 1 fully equipped apartment with full kitchen, living/dinning room and one bedroom with 1.5 baths. Additionally this building offers 4 office and 4 retail spaces. Owners have recently replaced entire roof, electric, and remodeled most rooms. With 1.91 acres of versatile land, there is ample opportunity to expand the current motel operations or explore new ventures. Whether you envision additional lodging facilities, retail expansions, or innovative commercial enterprises, this property provides the foundation for unlimited potential. Do not miss this unique opportunity to enhance your portfolio.
Location
State CT
County New Haven
Zoning C
Interior
Heating Hot Air
Cooling Ceiling Fans, Heat Pump, Wall Unit, Window Unit
Exterior
Exterior Feature Storage Building, Gutters, Lighting
Parking Features Parking Lot, Off Street Parking
Utilities Available Electric, Cable
Roof Type Asphalt Shingle
Building
Lot Description Dry, Level Lot, Cleared
Story 2
Foundation Concrete, Stone
Sewer Septic
Water Public Water Connected
Listed by Cheryl Cook • Re/Max Valley Shore
Nearby Locations
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