Excellent Investment Opportunity !


Property

Website:https://www.nestseekers.com/5703540
Address:
453 New Park
West Hartford, CT 06110
Ownership: Commercial
Type: Commercial
Bathrooms: 2
Area: 10084 sq ft

Financials

Price:$1,299,500
Annual Taxes:$14,040

Description

Excellent Investment Opportunity!!! Acquire a 10,000 square foot, fully-leased warehouse with the benefit of immediate cash flow from an established tenant under a 5-year lease already in place. This is an excellent opportunity for investors seeking a stable income-producing asset with additional upside potential. The property's layout and configuration may provide the opportunity to add a second floor, creating additional leasable space and increasing future rental income, subject to municipal approvals, zoning requirements, and all necessary permits. Investment Highlights: - 10,000 SF warehouse 5-year lease in place providing immediate rental income - Low-maintenance investment opportunity. - Potential value-add by expanding with a second floor (subject to approvals). - Opportunity to increase cash flow and long-term asset value. - Ideal for investors seeking both current income and future appreciation. Whether you're looking to diversify your portfolio or acquire a value-add commercial asset, this warehouse offers the rare combination of immediate income and future expansion potential.

Amenities

  • Elementary School -
  • High School -
  • Intermediate School -
  • Loading - Dock Height
  • Public Restrooms
  • Wall Unit
  • Window Display

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Cynthia Rodriguez of The Property Shop CT