326 Route 87, Columbia CT 06237 (Off Market)

For Sale, USD 609,999


326 Route 87, Columbia CT 06237,

Property Type : Commercial

Property Style : N/A

Build Size : 5,014 ft² / 466 m²

Land Size : N/A

Bedroom : 0

Bathroom : 2

Half Bathroom : 0

MLS#: N/A


Property Description

Historically known as the "Landmark Building" in the charming town of Columbia, this retail/ Office building is beautifully located at the signaled intersection of Route 87 and Route 66. This Bucolic location brings serene surroundings, plenty of parking, and additional land for future opportunities with endless Economic Development potential. Whether you're a user for your small business or an investor considering expansion, this Columbia gem is the perfect fit. Don't miss your chance to own a slice of classic New England charm! Stable tenant mix, with renewals, and 'M' zone allows professional, retail, and personal service uses. BRAND NEW HEATING SYSTEM low CAP x. Gross Rent: $66,900 (incl. $65,100 rent roll + $1,800 other income) Expenses: $8,700 NOI: $58,200 Pro Forma (Fully Leased Market Performance) Stabilized Rent: $99,900 NOI: $91,200 17,000+ cars per day based on 2020 traffic counts. **NEW EV CHARGERS ON SITE.
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326 Route 87, Columbia CT 06237, United States,Connecticut,Columbia is a 5,014ft² Columbia luxury Commercial listed for sale USD 609,999. This high end Columbia Commercial is comprised of 0 bedrooms and 2 baths. Find more luxury properties in Columbia or search for luxury properties for sale in Columbia.