$155,000
$159,900
3.1%For more information regarding the value of a property, please contact us for a free consultation.
840 SqFt
SOLD DATE : 11/28/2023
Key Details
Sold Price $155,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 840 sqft
Price per Sqft $184
MLS Listing ID 170606998
Sold Date 11/28/23
Year Built 1900
Annual Tax Amount $1,902
Lot Size 0.370 Acres
Property Description
This building is the North Franklin Post Office. Great investment opportunity! There is an active lease with USPS until 2036. The post office pays for heat, all utilities, plowing, property taxes and yard maintenance. Owner pays for building insurance and furnace maintenance. A copy of the lease is available to qualified buyers. Offers may be made subject to review/acceptance of the lease. Current monthly lease amount is 1,041 per month. Increases in 2027 to 13,750 per year, and 15,125 per year in 2032. Agent related to seller. Property is also listed under Residential listing MLS# 170607231.
Location
State CT
County New London
Zoning C-1
Interior
Heating Hot Air
Cooling None
Exterior
Garage Driveway, Paved
Utilities Available None/Unknown
Roof Type Asphalt Shingle
Building
Foundation Concrete
Sewer Septic
Water Private Well
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Bought with Caitlyn Chilly • Countryside Realty
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Broker | REB.0791464