Property

Ownership: Commercial
Type: Commercial
Bathrooms: 5
Area: 7986 sq ft

Financials

Price:$669,000
Annual Taxes:$10,746
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Dena Cutler of The Bella Group, LLC

Description

Versatile Investment Opportunity | Mixed-Use Warehouse + Residential Redevelopment Potential! Welcome to this rare and highly adaptable property opportunity perfect for savvy investors, 1031 exchange buyers, or owner-users in trades or specialty businesses. This 7,986 SF mixed-use building features: 3,230 SF fully upgraded, move-in-ready warehouse with significant custom improvements. Ideal for contractors, cabinetmakers, plumbers, landscapers, builders, or any business needing clean, secure space in a central location. 4,756 SF residential building - already zoned for four residential units and outfitted with a brand-new roof. The layout of the structure naturally lends itself to (2) two-bedroom and (2) one-bedroom apartments, offering prime value-add potential. Full architectural renovation needed. Zoning, layout, and location give this project instant upside potential. Zoned for 5 units total (1 commercial + 4 residential), providing flexibility whether you're planning to lease, sell, or live and work here. Why this property? Big-ticket updates already done (new roof, warehouse build-out). Ideal for contractors looking to combine workspace and rental income. 1031 Exchange eligible - reinvest with strong upside. Excellent value-add or long-term hold strategy. Ready to run the numbers or schedule a tour? DM to schedule a showing today! Opportunities like this don't sit on the shelf long.

Amenities

  • Elementary School -
  • High School -
  • Intermediate School -

Versatile Investment Opportunity Mixed Use Warehouse Residential Redevelopment Potential !


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