Property

Ownership: Commercial
Type: Commercial
Bathrooms: 2
Area: 8295 sq ft

Financials

Price:$609,999
Annual Taxes:$7,638
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Robyn Letourneau of Berkshire Hathaway NE Prop.

Description

Historically known as the "Landmark Building" in the charming town of Columbia, this retail/ Office building is beautifully located at the signaled intersection of Route 87 and Route 66. This Bucolic location brings serene surroundings, plenty of parking, and additional land for future opportunities with endless Economic Development potential. Whether you're a user for your small business or an investor considering expansion, this Columbia gem is the perfect fit. Don't miss your chance to own a slice of classic New England charm! Stable tenant mix, with renewals, and 'M' zone allows professional, retail, and personal service uses. BRAND NEW HEATING SYSTEM low CAP x. Gross Rent: $66,900 (incl. $65,100 rent roll + $1,800 other income) Expenses: $8,700 NOI: $58,200 Pro Forma (Fully Leased Market Performance) Stabilized Rent: $99,900 NOI: $91,200 17,000+ cars per day based on 2020 traffic counts. **NEW EV CHARGERS ON SITE.

Amenities

  • Awnings
  • Central Air
  • Door Sign
  • Elementary School -
  • Gutters
  • High School -
  • Intermediate School -
  • Lighting
  • Pole Sign

Historically known as the Landmark Building in the charming town of Columbia, this retail Office building is beautifully located at the signaled intersection of Route 87 and Route 66.


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