Rare opportunity to acquire a highly visible 18, 622 SF mixed use commercial investment owner user property on the Silas Deane Highway in Wethersfield.


Property

Website:https://www.nestseekers.com/5699970
Address:
239 Silas Deane
Wethersfield, CT 06109
Ownership: Commercial
Type: Commercial
Area: 18622 sq ft

Financials

Price:$1,895,000
Annual Taxes:$15,600

Description

Rare opportunity to acquire a highly visible 18,622 SF mixed-use commercial investment/owner-user property on the Silas Deane Highway in Wethersfield. Offered at $1,895,000, this two-building property combines established retail and professional/medical office uses with vacant, renovated space available for your own business or additional rental income. The property provides an attractive opportunity for both an investor seeking existing income with additional upside and an owner-occupant looking to establish their business while benefiting from income generated by existing tenants. Current tenant mix includes restaurant, retail/pawn, dental/medical and pediatric office uses. The property has benefited from significant improvements, including a NEW ELEVATOR, ROOF IMPROVEMENTS/REPAIRS and completely renovated vacant space. Approximately 18,622 SF between the two buildings with approximately 6,000 SF of retail and 12,000 SF of office space. Space is subdividable. Features include central air, natural gas heat, public water/sewer, paved parking, multiple entrances/exits and strong visibility along the Silas Deane Highway. Excellent value-add investment opportunity with the ability to lease the remaining vacancy and further stabilize the property, or occupy the available space for your own business while collecting income from the existing tenants. Investment. Owner-user. Retail. Medical. Professional office. Value-add opportunity-all in one property.

Amenities

  • Central Air
  • Elementary School -
  • Elevator
  • High School -
  • Intermediate School -

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Tyler DeVecchis of Century 21 AllPoints Realty