Sharon, CT 06069,2 Route 7

$508,500

$535,000

5.0%
Est.Price: ?

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Est. payment /mo

3,029 SqFt


SOLD DATE : 09/22/2023

Key Details

Sold Price $508,500

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 3,029 sqft

Price per Sqft $167

MLS Listing ID 170585687

Sold Date 09/22/23

Year Built 1973

Annual Tax Amount $3,169

Lot Size 0.600 Acres

Property Description

Turnkey Commercial / Residential Property Near Cornwall Bridge - A fully renovated commercial building near Cornwall Bridge in Sharon offers great income potential. The residentially zoned, pre-existing non-conforming property has approved commercial use as a Nursery, Antique Store, or Bakery. The large open floor plan contains 3 retail units with tenants open to staying. There is also a separate 1 bedroom, 1 bathroom apartment currently tenanted. Together the 4 units generate $42,000 in annual income. The apartment was renovated 4 years ago and the rest was gutted to studs with a full renovation completed in 2022. Brand new mechanicals, central air, well pump, main electric service and breaker panel, spray foam insulation in ceilings and walls. Highlights include a great location near the bridge, solid tenants in place, and recent top-to-bottom renovation maximizing income potential. Zoning allows for continued commercial use. This is a rare opportunity to acquire an updated commercial property with built-in income in an attractive rural setting.

Location

State CT

County Litchfield

Zoning 2

Interior

Heating Hot Air

Cooling Central Air

Exterior

Garage Unpaved, Off Street Parking

Utilities Available Electric, Gas Available, Phone Available, Cable

Roof Type Asphalt Shingle

Building

Foundation Slab

Sewer Septic, Cesspool

Water Private Well

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Listed by Liza C. Reiss • Elyse Harney Real Estate
Bought with Daniel Kramp • William Pitt Sotheby's Int'l

GET MORE INFORMATION

Osi Rosenberg

Broker | REB.0791464

+1(203) 738-5999

2051 Main St, Stratford, CT, 06615

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