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81 Pennsylvania Ave 7,560 SF 100% Leased Retail Building Niantic, CT 06357 $2,303,268 CAD ($304.67 CAD/SF) 5.82% Cap Rate

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EXECUTIVE SUMMARY

Prime location in beautiful Niantic, long term tenants gross modified leases . 100% renovated HVAC, electrical, plumbing, storefront hurricane windows, interiors

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
7,560 SF
Building Class
C
Year Built/Renovated
1964/2019
Price
$2,303,268 CAD
Price Per SF
$304.67 CAD
Cap Rate
5.82%
NOI
$134,008 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
0.49 AC
Zoning
CB
Parking
25 Spaces (3.76 Spaces per 1,000 SF Leased)

AMENITIES

  • Pylon Sign

NEARBY MAJOR RETAILERS

Snap Fitness 24/7
Bank of America
Liberty Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
ELYM-001703-000213
Land Assessment
$215,041 CAD
Improvements Assessment
$355,220 CAD
Total Assessment
$570,261 CAD
  • Listing ID: 36129683

  • Date on Market: 2025-06-05

  • Last Updated:

  • Address: 81 Pennsylvania Ave, Niantic, CT 06357

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