887 Main Street , Monroe, CT 06468
Monroe, CT 06468
Description
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!
Details
| MLS# | 24046694 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1979 |
| Days On Site | 119 |
| Listing Provided By | Berkshire Hathaway NE Prop. | Shy Grahame |
Features
| SQ Feet | 12,000 |
|---|---|
| Story(s) | 2 |
| Units | 8 |
| Zoning | I1 |
| Acreage | 1.19 |
Market Activity 06468
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Learn More About This Property
| State | CT |
|---|---|
| County | Fairfield |
| City | Monroe |
| Zip Code | 06468 |
| Area | Fairfield |
| Listing VS Median (in 06468) | |
Price: $1,700,000 low | high Med: $189,900 SqFt: 12,000 low | high Med: 765 $ / SqFt: $142 low | high Med: $248 On Site: 119 low | high Med: 18.000000 | |