106A Tripp Hollow Road Active

Brooklyn,CT 06234

$ 860000

- Bed

- Bath

48700 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 48,700 sqft

Price per Sqft $17

MLS Listing ID 24083672

Year Built 1950

Lot Size 23.500 Acres

Property Description

ATTENTION INVESTORS - HUGE OPPORTUNITY! 106A Tripp Hollow Rd, Brooklyn, CT Rare investment with cash flow + development upside on 23.5 acres in desirable Brooklyn, CT! Development Potential: Subdivide and build up to 7 new homes-ideal for a future residential community. Income-Producing Assets: * Small House - Currently rented (under market); can rent for $1,700/mo. * Two Massive Buildings - Approx. 26,000+ SF & 20,000+ SF. Great for storage, office, studio, or workshop space. * Immediate Lease Option - Seller will lease 25% of one building at $2,500/mo. Infrastructure: * Full electrical throughout both buildings * HVAC in 30% of the larger building * Metal roofs + structural report * Pest inspections complete * The smaller building (20ksf) has structural report (needs 3rd floor & roof repair - seller says if fixed, price is 950k) Projected Income: $25K+/mo with $1M in upgrades. ROI potential over $2M combining rental, commercial, and residential development value! Seller has an engineering report proposal for building 7 houses and utilizing building space is in the works. Don't miss this rare, high-upside opportunity in Eastern CT!

Location

State CT

County Windham

Zoning RA

Interior

Heating Hot Air

Cooling Central Air,Heat Pump

Exterior

Utilities Available Electric

Roof Type Asphalt Shingle

Building

Lot Description Corner Lot,Farm Land

Sewer Cesspool

Water Private Well

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