Log In/Sign Up
Your email has been sent.
Investment Highlights
- Newly paved and lined parking lot
- Fully up to date on security and fire code compliance
- Newer heating systems in both buildings
Executive Summary
This turnkey, four-unit commercial property three commercial units and one residential unit is fully occupied and offers immediate, diversified income. The property sits on a generous 13,068 sq. ft. lot with newly paved and lined parking for 19 vehicles, and is fully up to date on security and fire code compliance. Both buildings feature newer heating systems. The single-level building features a double unit currently leased to a pizza and pasta restaurant (Tenant 1), with 5 years remaining on the lease providing stable, long-term income. The second building is a versatile up-and-down, mixed-use structure with month-to-month tenants: a small business occupies the first-floor commercial unit (Tenant 2), while a residential apartment sits above on the second floor (Tenant 3). This front building features a solid Trex stairway for durable, low-maintenance access. With diversified income streams, ample on-site parking, full occupancy, and turnkey maintenance already in place, this is a fantastic opportunity for investors seeking a well-rounded, income-producing property.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,377 SF
Building Class
C
Year Built
1965
Price
$899,900
Price Per SF
$266.48
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.26
Lot Size
0.30 AC
Zoning
Commercial
Parking
19 Spaces (5.63 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Restaurant
- Security System
- Signage
- Air Conditioning
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | JOHN-000015-000000-000288 | Improvements Assessment | $259,000 |
| Land Assessment | $143,200 | Total Assessment | $402,200 |
Property Taxes
Parcel Number
JOHN-000015-000000-000288
Land Assessment
$143,200
Improvements Assessment
$259,000
Total Assessment
$402,200
1 of 17
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
620 Killingly St



