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188 Main St 9,509 SF 75% Leased Office Building Monroe, CT 06468 $1,221,430 CAD ($128.45 CAD/SF)
INVESTMENT HIGHLIGHTS
- Heavy Daily Vehicular Traffic
- Accessible Location
- Strong tenancy
EXECUTIVE SUMMARY
Prime Investment Opportunity! Office building located on well trafficked RT-25 in Monroe with 19,400+/- AADT. Building is currently at approximately 75% occupancy. Diverse mix of office tenants ranging from long term tenants to new lessees. Located in a flexible B-2 zone permitting a wide range of uses. Property has recently undergone upgrades including new exterior paint to the entire building, new siding on the front side of the building, upgrades to first floor units' doors and flooring as well as upgrades to the heating system and fuel storage. Property includes contractor/masonry shed and yard on north end of the property. Contact for more information.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
9,509 SF
Building Class
C
Year Built
1989
Price
$1,221,430 CAD
Price Per SF
$128.45 CAD
Percent Leased
75%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,740 SF
Building FAR
0.21
Lot Size
1.05 AC
Zoning
B-2
AMENITIES
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Fl-Ste E
- 854 SF
- Office
- Full Build-Out
- Now
1,384 Sq. Ft. Second Floor Space
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste E | 854 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste Unit G | 1,384 SF | Office | Full Build-Out | Now |
1st Fl-Ste E
| Size |
| 854 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste Unit G
| Size |
| 1,384 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste Unit G
| Size | 1,384 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
1,384 Sq. Ft. Second Floor Space
1 1
PROPERTY TAXES
| Parcel Number | MONR-000018-000043 | Improvements Assessment | $497,364 CAD |
| Land Assessment | $360,160 CAD | Total Assessment | $857,525 CAD |
PROPERTY TAXES
Parcel Number
MONR-000018-000043
Land Assessment
$360,160 CAD
Improvements Assessment
$497,364 CAD
Total Assessment
$857,525 CAD
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188 Main St
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