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$ 1,210,000
$ 1,300,000 6.9%
Est. payment | /mo
11,867 SqFt
$ 1,210,000
$ 1,300,000 6.9%
Est. payment | /mo
11,867 SqFt
Key Details
Sold Price $1,210,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 11,867 sqft
Price per Sqft $101
MLS Listing ID 24142164
Year Built 1988
Annual Tax Amount $13,799
Lot Size 0.620 Acres
Property Description
Investment Office Property For Sale Prime opportunity to own a fully occupied, income-producing office property in the heart of Monroe's thriving business district. Located on busy Main Street with 19,000 cars per day, this high-visibility asset offers stability, strong traffic exposure, and long-term value. Fully Leased: Seven established tenants provide a diverse, balanced rent roll, reducing risk for investors. Recent Updates: Multiple improvements made to the facility, ensuring reduced maintenance needs and modern appeal. Excellent Location: Situated on Monroe's Main Street corridor-one of the area's busiest commercial routes. Solid Investment: Stable occupancy and varied tenant mix create dependable income and long-term security. Taxes: $13,799/yr Estimated Annual Income: $195,000 Whether you're expanding your portfolio or seeking a reliable commercial investment, 388 Main St. delivers strong performance in a proven location
Location
State CT
County Fairfield
Zoning B1
Interior
Heating Hot Air
Cooling Central Air
Exterior
Utilities Available Electric
Roof Type Asphalt Shingle
Building
Lot Description Corner Lot
Sewer Septic
Water Public Water Connected
Listed by Stephen Hodson • Hodson Realty, Inc.
Bought with Melanie Billie • BHGRE Gaetano Marra Homes
Bought with Melanie Billie • BHGRE Gaetano Marra Homes
NEARBY SCHOOL & BUSINESS
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