172 Middle Turnpike West Under Contract Save Request In-Person Tour Request Virtual Tour
Manchester,CT 06040
Key Details
Property Type Commercial
Listing Status Under Contract
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $331
MLS Listing ID 24041966
Full Baths 2
Half Baths 2
Year Built 1900
Annual Tax Amount $5,419
Lot Size 7,840 Sqft
Property Description
Investment opportunity ! We are pleased to present two buildings located in a high traffic area with great convenient access. Both buildings have been renovated and are currently leased, providing a reliable return on investment of 10% or more. The properties consist of retail, commercial, and residential spaces, catering to a diverse range of tenants and ensuring a steady income stream. Additionally, the corner lot location offers excellent visibility and accessibility, further enhancing the appeal of this investment. One of the key advantages of these buildings is the presence of a bus stop on the corner, making it a highly desirable location for both tenants and customers. This strategic advantage contributes to the high level of foot traffic and adds to the overall appeal of the investment. With leases already in place, investors can benefit from immediate cash flow and the security of long-term tenancy agreements. This stability, combined with the potential for future rental growth, makes these buildings an attractive proposition for those seeking a reliable and lucrative investment opportunity. We invite you to explore this opportunity further and discover the potential for substantial returns in a prime location.
Location
State CT
County Hartford
Zoning B2
Interior
Interior Features Window Display
Heating Baseboard,Radiator,Other
Cooling Window Unit
Exterior
Exterior Feature Doors - 10-15 ft,Lighting
Garage Paved,Off Street Parking
Utilities Available Electric,Gas,Telephone,Cable
Roof Type Asphalt Shingle,Other
Building
Lot Description Corner Lot,Level Lot
Story 2
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected