Professional Office Condo with rental income
Office
for Sale
| Catylist Listing ID: |
30648087 |
| Property Subtypes: |
Executive Suites, Medical, Office Building
|
| Condo? |
Yes |
| Building Size (RSF): |
1,610 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$110,000 |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Class of Space: |
Class B |
| Usable Size (USF): |
1,610 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/15/2021 |
Overview / Comments
|
Professional office condominium. Built out as a law office but could be used for medical offices, CPA or other professional business's as well. Well maintained and desirable building. Located across from the Court House and near amenities including restaurants. Onsite parking and parking garage across the street. Easy access to Rt 9 and I-84 or I-91. The suite is currently divided into 2 units but can easily be 1 unit. Existing long time tenant on one side (700 SF) would stay if buyer prefers and pay $1,422 rent. Vacant unit is 910 SF. Buyer would basically have a "free" office space if tenant stays. Or tenant will move out and you will have a 1,610 SF office suite with 3+ private offices. Office panel systems can stay or will be removed at buyers option.
|
Additional Details
| Nearest MSA: |
Hartford-East Hartford-Middletown |
| County: |
Hartford |
| Taxing Authority: |
New Britain |
| Is Condo?: |
Yes |
| Zoning: |
A3 |
| Property Visibility: |
Excellent |
| Highway Access: |
Easy access to Rt 9 and I-84 or I-91. |
| Airports: |
Bradley International Airport. Robertson Field nearby for private aircraft |
| Year Built: |
1988 |
| Roof Type: |
Flat |
| Construction/Siding: |
Brick |
| Parking Type: |
Surface |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
27,501 |
96,809 |
201,002 |
| Median Age: |
33.18 |
36.81 |
39.75 |
| Households: |
11,024 |
37,575 |
81,177 |
|
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