755 Main St
Monroe, CT 06468
Bldg 3 · Office Property For Sale

12% CAP RATE potential. This 5,541 SF Professional Office Condo at Bradford Green is perfect an investor looking for a GREAT investment opportunity! Already 50% leased by a professional Therapy Group. The entire 2nd floor is available for lease. Additional income potential of $50,000 annually on 2nd Floor plus First Floor annual income is $36,000 for a total of $86,000 annual income. Current tenant pays heat, electric and water for the building. If sold or leased, 1st floor tenant to pay 1/2 of utilities. Bradford Green is a condominium complex that consists of 8 office buildings that features uses/services including: Law Firms, Therapists, Chiropractors, Engineers, Accountants, Consultants, Financial Professionals, etc. Zoning is B1, which allows for OFFICE AND RETAIL! This building features a central rear location, with a 600 sf covered front walkway and the only building that features an outdoor brick patio in the rear side of the building. The separation of space in the building can accommodate 1-4 tenants where each has their own entrance. Square footage for each can be adjusted based on needs. The vinyl sided building features Central Air, Gas Heat, City Water and Septic. The association takes care of the septic, grounds landscaping, lighting and parking, and insurance. Town valuation has this property valued at $525,400! WHY RENT WHEN YOU CAN OWN! A large dry basement is perfect for storage only. Located on Main Street/Rte 25, short drive to Rte 59, I-84 and minutes to the Merritt and Rte 8.