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Mixed-Use Investment Property 117 Route 66 E 3,968 SF 100% Leased Office Building Columbia, CT 06237 $639,900 ($161.27/SF) 7.58% Cap Rate

Investment Highlights
- Great Owner/User investment property with long-term tenants!
- Newer construction so easier to maintain!
- Excellent street visibility
Executive Summary
Reese & Company Real Estate, LLC is pleased to exclusively offer this 3,968± SF mixed-use asset located at 117 RT 66 East, Columbia, CT. Constructed in 2016, this colonial style two-building property features a stabilized long-term tenant base and future value-add upside — making it an exceptional opportunity for either the owner/user or the commercial investor.
The property comprises two (2) separate but architecturally similar buildings connected by a distinctive natural stone retaining wall. Ground-floor suite features drive-in garage bay access, ideal for trades professionals — electricians, plumbers, HVAC contractors - requiring vehicle storage, workshop, or staging space alongside dedicated office and client-meeting areas. Second-floor suites offer professional office and residential use. The variety of space can create a true live-work environment for the right owner/user.
The buildings enjoy a highly visible elevated position on the RT 66 East corridor, supported by a prominent multi-tenant monument sign and building façade signage. The property is positioned approximately one mile from the RT 6 / RT 66 interchange and within two miles of Willimantic’s restaurants, shops, and municipal services. Ample on-grade and upper-level parking serves both the ground-floor and second-floor tenants. The site boasts of open landscaped areas providing a serene environment for both businesses and residents alike.
The property comprises two (2) separate but architecturally similar buildings connected by a distinctive natural stone retaining wall. Ground-floor suite features drive-in garage bay access, ideal for trades professionals — electricians, plumbers, HVAC contractors - requiring vehicle storage, workshop, or staging space alongside dedicated office and client-meeting areas. Second-floor suites offer professional office and residential use. The variety of space can create a true live-work environment for the right owner/user.
The buildings enjoy a highly visible elevated position on the RT 66 East corridor, supported by a prominent multi-tenant monument sign and building façade signage. The property is positioned approximately one mile from the RT 6 / RT 66 interchange and within two miles of Willimantic’s restaurants, shops, and municipal services. Ample on-grade and upper-level parking serves both the ground-floor and second-floor tenants. The site boasts of open landscaped areas providing a serene environment for both businesses and residents alike.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
3,968 SF
Building Class
B
Year Built
2016
Price
$639,900
Price Per SF
$161.27
Cap Rate
7.58%
NOI
$48,500
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,984 SF
Building FAR
0.02
Lot Size
4.57 AC
Zoning
M - see zoning regs attached
Amenities
- 24 Hour Access
- Signage
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Hairitage
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Hairitage | Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Somewhat walkable
20/100
Exceptionally drivable
100/100
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Mixed-Use Investment Property | 117 Route 66 E
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