Log In/Sign Up
Your email has been sent.
982 Rubber Ave 5,100 SF 100% Leased Office Building Naugatuck, CT 06770 $694,358 CAD ($136.15 CAD/SF)
INVESTMENT HIGHLIGHTS
- Fully leased 2-unit retail investment
- Owner-user opportunity
- Month-to-month leases
- Apartment conversion opportunity
EXECUTIVE SUMMARY
Freestanding Commercial Building on ±2.49 Acres
$499,000
±5,100 SF freestanding commercial building
±2.49 acres
Suitable for owner-user or investor acquisition
Potential apartment conversion opportunity, subject to zoning and municipal approvals
Located along Naugatuck’s primary retail corridor, surrounded by a mix of national, regional, and local retailers
Zoned R15
INVESTMENT HIGHLIGHTS
Fully leased 2-unit retail investment
Month-to-month leases in place
Tenants pay all utilities (separately metered)
NOI: $33,346.64
Asking Price: $499,000
FINANCIAL SUMMARY
Sale Price: $499,000
Gross Income: $51,336
Expenses:
Taxes: $10,689.36
Insurance: $3,400
Landscaping / Snow Plowing: 3,900
Total: $17,989.36
NOI: $33,346.64
$499,000
±5,100 SF freestanding commercial building
±2.49 acres
Suitable for owner-user or investor acquisition
Potential apartment conversion opportunity, subject to zoning and municipal approvals
Located along Naugatuck’s primary retail corridor, surrounded by a mix of national, regional, and local retailers
Zoned R15
INVESTMENT HIGHLIGHTS
Fully leased 2-unit retail investment
Month-to-month leases in place
Tenants pay all utilities (separately metered)
NOI: $33,346.64
Asking Price: $499,000
FINANCIAL SUMMARY
Sale Price: $499,000
Gross Income: $51,336
Expenses:
Taxes: $10,689.36
Insurance: $3,400
Landscaping / Snow Plowing: 3,900
Total: $17,989.36
NOI: $33,346.64
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$71,434
|
$15.70
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$71,434
|
$15.70
|
| Taxes |
$14,874
|
$3.27
|
| Operating Expenses |
$10,158
|
$2.23
|
| Total Expenses |
$25,032
|
$5.50
|
| Net Operating Income |
$46,402
|
$10.20
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $71,434 |
| Annual Per SF | $15.70 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $71,434 |
| Annual Per SF | $15.70 |
| Taxes (CAD) | |
|---|---|
| Annual | $14,874 |
| Annual Per SF | $3.27 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $10,158 |
| Annual Per SF | $2.23 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $25,032 |
| Annual Per SF | $5.50 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $46,402 |
| Annual Per SF | $10.20 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
5,100 SF
Building Class
C
Year Built
1960
Price
$694,358 CAD
Price Per SF
$136.15 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,550 SF
Building FAR
0.05
Lot Size
2.49 AC
Zoning
RADD - Rubber Avenue Design District (RADD) permits commercial and mixed-use development
Parking
22 Spaces (4.31 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Day Care
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Naugatuck Pet Salon
- Services
- 550 SF
- $18.21 CAD
- Plus Utilities
- Jan 2026
- The Learning Barn Childcare Center & Preschool
- Educational Services
- 4,550 SF
- $13.50 CAD
- Plus Utilities
- Jan 2026
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Naugatuck Pet Salon | Services | 550 SF | $18.21 CAD | Plus Utilities | Jan 2026 | |
| The Learning Barn Childcare Center & Preschool | Educational Services | 4,550 SF | $13.50 CAD | Plus Utilities | Jan 2026 |
1 1
PROPERTY TAXES
| Parcel Number | NAUG-000000C-W001919 | Total Assessment | $309,255 CAD |
| Land Assessment | $116,310 CAD | Annual Taxes | $14,874 CAD ($2.92 CAD/SF) |
| Improvements Assessment | $192,945 CAD | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
NAUG-000000C-W001919
Land Assessment
$116,310 CAD
Improvements Assessment
$192,945 CAD
Total Assessment
$309,255 CAD
Annual Taxes
$14,874 CAD ($2.92 CAD/SF)
Tax Year
2025
1 of 16
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
982 Rubber Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.