REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$200,000
Est. payment /mo
1,369 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,369 sqft
Price per Sqft $146
MLS Listing ID 24135999
HOA Fees $424/mo
Year Built 1985
Annual Tax Amount $4,913
Property Description
STRATFORD, CT Investment Opportunity ... 11.49% CAP Rate! Townhouse-style commercial office unit totaling approximately 1,369 square foot, fully renovated within the past five years. Located in Stratford, a vibrant coastal town along Long Island Sound, known for its strong business community, convenient access to I-95 and Metro North, and proximity to Bridgeport and New Haven markets. * First Floor: Two private offices, reception area with drop-in counter, half bathroom. * Second Floor: Open-concept layout with half bathroom. Tenancy & Income * First floor leased to Coldwell Banker Realty corporate at $1,500/month, lease through September 30, 2026. * Second floor leased to The Lewis Team at Coldwell Banker Realty at $1,250/month (month-to-month); tenant open to long-term lease. Ideal for owner-user or investor * Occupy both floors or use one level and collect rent from the other. * Flexible layout suits a variety of professional uses. * Ample on-site parking and dumpster access. Strategically positioned between I-95 and Metro North, this location offers excellent visibility, accessibility, and convenience for clients and staff alike. NOI: $22,990.48 = 11.49% CAP Rate
Location
State CT
County Fairfield
Zoning RS-3
Interior
Heating Hot Water
Cooling Central Air
Exterior
Utilities Available Electric, Gas
Roof Type Asphalt Shingle
Building
Story 2
Sewer Public Sewer Connected
Water Public Water Connected
Read Less Info
Listed by Ralph Lewis • Coldwell Banker Realty
GET MORE INFORMATION