802 Main St
Monroe, CT 06468
Retail Property For Sale
Property Facts
About 802 MAIN ST , MONROE, CT 06468
INCREDIBLE COMMERCIAL, RETAIL, AND MULTI-FAMILY OPPORTUNITY! HIGH TRAFFIC LOCATION (18,000/DAY), ON MAJOR HIGHWAY (RT 25/MAIN ST) WITH 155 FT FRONTAGE RD ON STRAIGHT LINE SIGHT. PRESENTLY UNDERUTILIZED WITH A POTENTIAL 17% CAP RATE FROM 4 BUILDINGS. 4 BUILDINGS INCLUDE RETAIL & OFFICE CENTER (2,300 ft²), LEGAL 2 UNIT MULTI-FAMILY (2 x 2,650 ft²), 2 CAR AUTOMOTIVE GARAGE (900 ft²), AND STORAGE FACILITY (500 ft²). PARKING FOR 100+ CARS. SOME UPDATING TURNS THIS INTO A RESTAURANT (Chinese, Pizza, Diner), CONVENIENCE STORE (7 Eleven, Dunkin' Donuts, Starbucks), SPECIALTY RETAIL (Ace Hardware, Hertz, Drycleaners, Supercuts, Nail Salon, Grocery Store), ATTRACTION (AirBNB, Historic Bed&Breakfast, Chocolatier, Florist, Farmer's Market) OR FRANCHISE (McDonald's, Kfc, Bk, Pizza Hut, Domino's), ETC. THIS PROPERTY HAS ALL THE RIGHT INGREDIENTS TO MAKE THIS COMMERCIAL, RETAIL, AND MULTI-FAMILY INVESTMENT PAY YOU HANDSOMELY. YOUR INCOME IS LIMITED TO YOUR IMAGINATION. THIS HIGH CAP RATE OPPORTUNITY IS KNOCKING ON YOUR DOOR.
Property Taxes
| Parcel Number | MONR-000093-000047 | Improvements Assessment | $250,700 |
| Land Assessment | $273,350 | Total Assessment | $524,050 |
Property Taxes
