Excellent Investment Opportunity !
| 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
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878 Phone: +1 203-204-9555 | |
| Listing Courtesy of Cynthia Rodriguez of The Property Shop CT | |