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200 West St 1,238 SF 100% Leased Office Building Cromwell, CT 06416 $2,500,000 ($2,019.39/SF)
Investment Highlights
- Two existing commercial buildings currently operating as a restaurant and nail salon.
- Convenient access to Route 9 and surrounding regional thoroughfares.
- Strategically situated across from Stop & Shop and near major shopping centers.
Executive Summary
Property consists of two commercial structures totaling approximately 4,378 square feet on a 0.51-acre lot with 150 feet of frontage along Route 372. Current use includes a restaurant and a nail salon. The location lies directly opposite Stop & Shop and is near other retail establishments and services. The parcel has level topography and is served by public water and sewer. Access to Route 9 is nearby, linking the site to Hartford and Middletown markets. Zoning is HB, and utilities available include electricity, natural gas, telephone, and cable.
Property Facts Under Contract
Sale Type
Investment
Property Type
Office
Building Size
1,238 SF
Building Class
C
Year Built
1951
Price
$2,500,000
Price Per SF
$2,019.39
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
619 SF
Slab To Slab
9’
Building FAR
0.11
Lot Size
0.26 AC
Zoning
B
Parking
8 Spaces (6.46 Spaces per 1,000 SF Leased)
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | CROM-000021-000012-000001 | Improvements Assessment | $163,730 |
| Land Assessment | $96,740 | Total Assessment | $260,470 |
Property Taxes
Parcel Number
CROM-000021-000012-000001
Land Assessment
$96,740
Improvements Assessment
$163,730
Total Assessment
$260,470
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200 West St
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