Investment Overview
OPPORTUNITY IS KNOCKING!! This VALUE ADD Three-unit commercial building for sale at 30 Beach Road, Wolcott, CT 06716, offered at $550,000. This multi-tenant retail/office property gives investors and owner-users an income-producing asset with an existing tenant base in New Haven County. Wolcott borders Waterbury, Bristol, Southington and Cheshire, placing the property within easy reach of the Greater Waterbury trade area and the I-84 corridor. Investor highlights: three separately rentable commercial units; tenants pay their own utilities, keeping landlord operating costs lean; spaces include an approx. 2,454 upper unit and an approx. 1,750 SF lower-level unit, suited to a range of retail, office and service users, subject to zoning; upside through lease structuring and long-term rent growth. Owner-user advantage: occupy one unit for your business and let the remaining tenants help offset your mortgage, an attractive path for SBA-financed buyers seeking to stop paying rent and start building equity in Connecticut commercial real estate. Ideal for 1031 exchange buyers, small-business owners, and investors seeking an entry-level multi-tenant commercial property in the Waterbury area. Rent roll and operating expenses available to qualified buyers. Showings by appointment only; please do not disturb tenants.
Investment Highlights
- Three separately rentable commercial units
- Tenants pay their own utilities, keeping landlord operating costs lean
- Spaces include an approx. 2,454 upper unit and an approx. 1,750 SF lower-level unit, suited to a range of retail, Office and service users, subject to zoning
- Upside through lease structuring and long-term rent growth
- Occupy one unit for your business and let the remaining tenants help offset your mortgage
- An attractive path for SBA-financed buyers seeking to stop paying rent and start building equity in Connecticut commercial real estate
- Ideal for 1031 exchange buyers, small-business owners, and investors seeking an entry-level multi-tenant commercial property in the Waterbury area