$553,730
$575,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
3,804 SqFt
SOLD DATE : 03/23/2022
Key Details
Sold Price $553,730
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,804 sqft
Price per Sqft $145
MLS Listing ID 170427919
Sold Date 03/23/22
Year Built 1962
Annual Tax Amount $7,963
Lot Size 0.610 Acres
Property Description
Investment Opportunity in the heart of Durham! The current triple net lease offers a 12% Cap Rate for the owner. The free-standing building provides retail, office space, and storage area in the lower level—a parking lot with 27 spots. Main St is Route 17 with daily traffic count of over 14,000. Neighbors are the historic district and small businesses.
Location
State CT
County Middlesex
Zoning C
Interior
Heating Hot Air
Cooling Central Air
Flooring Wall-to-Wall Carpet
Exterior
Exterior Feature Awnings
Garage Paved, Parking Lot
Utilities Available Electric
Roof Type Concrete
Building
Lot Description Level Lot
Foundation Concrete
Sewer Septic
Water Public Water Connected
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Bought with Chin Yong Liew • Coldwell Banker Realty
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Broker | REB.0791464