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Sheena Ruggirello

sheena.ruggirellos@gmail.com +1(860) 222-4734

$2,495,000

Est. payment - /mo

12 Baths

20,971 SqFt

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 20,971 sqft

Price per Sqft $118

MLS Listing ID 24158386

Full Baths 1

Half Baths 11

Year Built 1982

Annual Tax Amount $59,503

Lot Size 2.140 Acres

Property Description

Incredible Investment opportunity to own three buildings on one large 2.16 acre lot on Route 80 in East Haven with a huge upside potential. The first building consist of a 16,570 SQ FT office building with 3 excellent long term tenants and one 1000 SQ FT office space currently vacant. The rents for the building are currently $7000 (leased until 2026), $3181 (leased until 2028) and $1800 (Month to month). The second building is located at 430 Foxon RD which is a free standing building with 1950 SQ FT leased for $4191 per month until 2027 to a bank with a long term NNN lease (Paying 37% of the taxes on the property). The bank has a second three year option until 2030 at $4,400 and is currently in negotiation to resign for an additional 10 years. The third building is a 2424 SQ FT single family house with 5 bedrooms and 1.5 baths currently leased at a very below market rent at $1800 per month. The complex has ample off street parking for ~ 40 cars. This Investment opportunity will not last long!

Location

State CT

County New Haven

Zoning R-3

Interior

Heating Baseboard, Hot Air

Cooling Central Air

Flooring Ceramic Tile, Vinyl, Wall-to-Wall Carpet

Exterior

Exterior Feature Sidewalk, Lighting

Utilities Available Electric, Gas

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Story 2

Foundation Concrete, Stone

Sewer Public Sewer Connected

Water Public Water Connected

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Listed by John Hill • Seabury Hill REALTORS

Nearby School & Business

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Sheena Ruggirello

+1(860) 222-4734

Agent | License ID: CN234452

Agent License ID: CN234452

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444 Foxon Road East Haven, CT 06513

Sheena Ruggirello

Key Details

Location

Interior

Exterior

Building

Nearby School & Business

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