189 Middlesex Avenue

Chester, CT 06412 Directions
$4,695,000
  • 21,905Sqft
  • 3.02Acres
  • 1986Built
  • $214Price/Sqft

Property Highlights

  • Days on Market: 111
  • MLS: 24120456

Property Highlights

  • Days on Market: 111
  • MLS: 24120456

Prime Investment Opportunity in Chester, CT Presenting 189-191 Middlesex Avenue, a fully leased, mixed-use property offering an exceptional investment opportunity in the heart of Chester, Connecticut. This 21, 905 SF complex features a mix of retail, office, and residential spaces, with long-term tenants, ensuring stability and consistent revenue. Property Highlights * Fully Leased with established tenants * Strong financials-Projected 2025 NOI of $378, 000 * Significant annual increases and pass-through for operating expenses * Ample on-site parking for tenants and visitors * High visibility on a well-trafficked state road * Well-maintained by...

Property Highlights

  • Days on Market: 111
  • MLS: 24120456

Prime Investment Opportunity in Chester, CT Presenting 189-191 Middlesex Avenue, a fully leased, mixed-use property offering an exceptional investment opportunity in the heart of Chester, Connecticut. This 21, 905 SF complex features a mix of retail, office, and residential spaces, with long-term tenants, ensuring stability and consistent revenue. Property Highlights * Fully Leased with established tenants * Strong financials-Projected 2025 NOI of $378, 000 * Significant annual increases and pass-through for operating expenses * Ample on-site parking for tenants and visitors * High visibility on a well-trafficked state road * Well-maintained by current ownership for 19 years Location Benefits * 3.02-acre lot in a desirable commercial zone (C) * Built in 1986, offering modern infrastructure * Convenient access to Route 9 and Exit 3 on Route 154 * Proximity to Chester Village-a vibrant hub of dining, shopping, and scenic attractions About Chester, CT Nestled along the Connecticut River, Chester boasts a unique blend of New England charm and commercial opportunity. Its historic appeal, picturesque views, and strong community make it an attractive destination for businesses and residents alike. This turnkey investment offers immediate and long-term financial rewards in a thriving market. Don't miss out on securing a property with both stability and future growth potential.

Prime Investment Opportunity in Chester, CT Presenting 189-191 Middlesex Avenue, a fully leased, mixed-use property offering an exceptional investment opportunity in the heart of Chester, Connecticut. This 21, 905 SF complex features a mix of retail, office, and residential spaces, with long-term tenants, ensuring stability and consistent revenue. Property Highlights * Fully Leased with established tenants * Strong financials-Projected 2025 NOI of $378, 000 * Significant annual increases and pass-through for operating expenses * Ample on-site parking for tenants and visitors * High visibility on a well-trafficked state road * Well-maintained by current ownership for 19 years Location Benefits * 3.02-acre lot in a desirable commercial zone (C) * Built in 1986, offering modern infrastructure * Convenient access to Route 9 and Exit 3 on Route 154 * Proximity to Chester Village-a vibrant hub of dining, shopping, and scenic attractions About Chester, CT Nestled along the Connecticut River, Chester boasts a unique blend of New England charm and commercial opportunity. Its historic appeal, picturesque views, and strong community make it an attractive destination for businesses and residents alike. This turnkey investment offers immediate and long-term financial rewards in a thriving market. Don't miss out on securing a property with both stability and future growth potential.

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  • Additional Information
    • Acres: 3.02
    • Area Type: Suburban
    • Is Occupied?: Tenant
    • Is Short Sale?: Undeclared
    • Living Area SqFt: 21,905
    • Present Use: Office/Retail
    • Property Tax: $40,545
    • Road Frontage Description: State Road
    • Sewer: Public Sewer Connected
    • Tax Amount: $40,545
    • Unit Count: 10
    • Utilities Available: Electric, Gas, Telephone, Cable
    • Year Built: 1986
    • Zoning: C
  • Interior Features
    • Air Conditioning: Central Air
    • Cooling: Central Air
    • Furnace Type: Electric
    • Heat: Electric
    • Heat Fuel: Electric
    • Living SqFt Source: Public Records
  • Exterior Features
    • Roof: Asphalt Shingle

Listing Courtesy of Stephen Press of Press/Cuozzo Realtors.

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