Exceptional investment opportunity !


Property

Website:https://www.nestseekers.com/5598225
Address:
30 Country Squire
Cromwell, CT 06416
Ownership: Commercial
Type: Commercial
Bathrooms: 5
Area: 11602 sq ft

Financials

Price:$1,300,000
Annual Taxes:$39,552

Description

Exceptional investment opportunity! This purpose-built, Class A medical office building has been repositioned at a new price of $1,300,000, creating an outstanding value well below replacement cost.Located in the heart of Cromwell with immediate access to Routes 9, I-91, Route 372, and I-691, this architecturally designed 11,602-square-foot medical building was constructed in 2009 with efficiency, patient comfort, and long-term functionality in mind. A successful, long-term dental practice occupies the entire 5,801-square-foot main level under a lease that began in 2023 and includes annual rental increases, providing dependable income and built-in growth. The additional 5,801-square-foot lower level is open, creating tremendous upside for an owner-user, additional medical tenant, or future rental income. Designed specifically for medical professionals, the building features a welcoming reception area with a fireplace, an island-style coffee station with refrigeration, abundant natural light throughout patient treatment areas, and an efficient interior layout dedicated to staff operations. Whether you're completing a 1031 Exchange, expanding your investment portfolio, seeking a stable passive income property, or looking for a premier location for your own medical practice, this property offers flexibility, quality, and long-term value. With a strong in-place tenant, immediate upside through the lower level, annual rent escalations, and a dramatic $200,000 price reducti

Amenities

  • 60" Turning Radius
  • Accessible Bath
  • Appliances are Low/Secure
  • Bath Grab Bars
  • Central Air
  • Door Sign
  • Elementary School -
  • Employee Lounge
  • Fire Suppression System
  • Gutters
  • Hallways 36+ Inches Wide
  • Handicap Design
  • Handicap Parking
  • High School -
  • Intermediate School -
  • Lever Faucets
  • Pole Sign
  • Public Restrooms
  • Security System
  • Underground Sprinkler
  • Window Display

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Linda O'Hara of William Raveis Real Estate