Active

887 Main Street

Monroe CT, 06468

$1,900,000


$158.33 per sqft

Active

12,000 sqft

Commercial

Built in 1979

Check out this prime industrial property located on Route 25, offering excellent visibility and accessibility. This versatile building features a mix of industrial and office tenants, with convenient common restrooms in the hallway. There are 7 units in total-5 office spaces on the first floor and 2 industrial units, with the ground level as the only available space, offering an opportunity for the new owner to lease. The **property is in excellent condition**, with all office units recently upgraded and well-maintained by the tenants. A prominent monument sign at the entrance lists all tenants, and the property includes additional land near the lower level for potential parking expansion, though the existing lot already has more than enough parking for both tenants and visitors. All tenants are current on rent, with many long-term occupants in place. The building is well-maintained, with regularly serviced A/C units and boilers in excellent condition. The seller is motivated and prefers a 1031 exchange but is flexible on price for strong offers only. Don't miss out on this great opportunity!

24046694

MLS ID

September 17, 2024

Listed

October 1, 2024

Updated

Map

887 Main Street
Monroe CT, 06468

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Zoned

Exterior/Building Features

Lot Size

1.19 Acres


Lot Features

Level


Roof

Asphalt


Sewer

Septic Tank

Other Property Details

Area Name

N/A


Taxes

$16,395


Tax Frequency

Annually


Days on Market

1


Garage

No


View

No


County

Fairfield


Water Source

Public


Pool

No


Zoning

I1

Listed by Shy Grahame with Berkshire Hathaway NE Prop.

Listing Contact: 8606171740 

The IDX display contains information sourced from the  Smart MLS, Inc as of 10/1/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/1/2024 at 11:54 PM UTC

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