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$389,900
Est. payment /mo
4,616 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,616 sqft
Price per Sqft $84
MLS Listing ID 24093648
Year Built 1955
Annual Tax Amount $13,013
Lot Size 10,018 Sqft
Property Description
Amazing East End opportunity - Calling all investors and potential owner occupied buyers! This is a value add, package sale of 2 adjacent properties: 867 Meriden Rd is a single commercial building with 2,296 SF, leased monthly with tenant paid utilities. Great corner location for any business with high traffic area and good street visibility + signage. 873 Meriden Rd is a 3 family property with 2,320 SF and a unit mix of (1) 2 bed unit & (2) 1 bed units. All tenants are month to month. Heat is currently central and owner paid (OIL). New roof 3 yrs old. Electric is separate but also currently owner paid. There is laundry on site. Long term tenants in place with under market rent = huge upside. Garage is separately rented M to M. Ample off-street parking for both buildings. Overall, an attractive area for tenants with close proximity to highway access, restaurants, shopping, parks, downtown and more.
Location
State CT
County New Haven
Zoning CG
Interior
Interior Features Window Display
Heating Hot Air
Cooling Window Unit
Exterior
Exterior Feature Sidewalk, Roof Sign, Gutters, Lighting, Door Sign
Parking Features Paved, Off Street Parking
Utilities Available Electric, Phone Available, Cable Available
Roof Type Asphalt Shingle,Flat
Building
Lot Description Corner Lot, Level Lot
Story 3
Foundation Masonry, Stone
Sewer Public Sewer Connected
Water Public Water Connected
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Listed by Amanda Faroni-Sheehan • Oxford Realty