Active
887 Main Street
Monroe CT, 06468
$1,700,000
$141.67 per sqft
Active
12,000 sqft
Commercial
Built in 1979
Check out this prime industrial property located on Route 25, offering excellent visibility and accessibility. This versatile building features a mix of industrial and office tenants, with convenient common restrooms in the hallway. There are 7 units in total-5 office spaces on the first floor and 2 industrial units, with the ground level as the only available space, offering an opportunity for the new owner to lease. The **property is in excellent condition**, with all office units recently upgraded and well-maintained by the tenants. A prominent monument sign at the entrance lists all tenants, and the property includes additional land near the lower level for potential parking expansion, though the existing lot already has more than enough parking for both tenants and visitors. All tenants are current on rent, with many long-term occupants in place. The building is well-maintained, with regularly serviced A/C units and boilers in excellent condition. The seller is motivated and prefers a 1031 exchange but is flexible on price for strong offers only. Don't miss out on this great opportunity!
24046694
MLSⓇ ID
September 17, 2024
Listed
December 26, 2024
Updated
Map
887 Main Street
Monroe CT, 06468
Interior Features
Total Stories
2
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Zoned
Exterior/Building Features
Lot Size
1.19 Acres
Lot Features
Level
Roof
Asphalt
Sewer
Septic Tank
Other Property Details
Area Name
N/A
Taxes
$16,395
Tax Frequency
Annually
Days on Market
97
Garage
No
View
No
County
Fairfield
Water Source
Public
Pool
No
Zoning
I1
Listing History
Date | Event | Price |
|---|---|---|
12/22/2024 | Price change | $1,700,000 -11% |
Listed by Shy Grahame with Berkshire Hathaway NE Prop.
Listing Contact: 8606171740
The IDX display contains information sourced from the Smart MLS, Inc as of 12/26/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 12/26/2024 at 10:23 AM UTC