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344 N Main St 8,000 SF 100% Leased Office Building Marlborough, CT 06447 $1,105,329 CAD ($138.17 CAD/SF) 10% Cap Rate
INVESTMENT HIGHLIGHTS
- 40 parking spaces
- 1/4 mile from Route 2 at exit 13 (old exit 12)
- Recent price reduction
- Updated roof, HVAC and siding
- Furniture potentially available
EXECUTIVE SUMMARY
Sentry Commercial is pleased to offer 344 North Main Street, Marlborough, CT for sale. The property is a 7,874 square foot two-story professional office building on .92 acres.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
8,000 SF
Building Class
B
Year Built
1986
Price
$1,105,329 CAD
Price Per SF
$138.17 CAD
Cap Rate
10%
NOI
$110,533 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,000 SF
Slab To Slab
10’
Building FAR
0.20
Lot Size
0.92 AC
Zoning
GC - General commercial
Parking
40 Spaces (5 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | MARL-000005-000017A-000006 | Improvements Assessment | $534,780 CAD |
| Land Assessment | $92,883 CAD | Total Assessment | $627,664 CAD |
PROPERTY TAXES
Parcel Number
MARL-000005-000017A-000006
Land Assessment
$92,883 CAD
Improvements Assessment
$534,780 CAD
Total Assessment
$627,664 CAD
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344 N Main St
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