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81 Pennsylvania Ave 7,560 SF 100% Leased Retail Building Niantic, CT 06357 $1,650,000 ($218.25/SF) 5.82% Cap Rate
Executive Summary
Prime location in beautiful Niantic, long term tenants gross modified leases . 100% renovated HVAC, electrical, plumbing, storefront hurricane windows, interiors
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
7,560 SF
Building Class
C
Year Built/Renovated
1964/2019
Price
$1,650,000
Price Per SF
$218.25
Cap Rate
5.82%
NOI
$96,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
0.49 AC
Zoning
CB
Parking
25 Spaces (3.76 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
Nearby Major Retailers
Property Taxes
| Parcel Number | ELYM-001703-000213 | Improvements Assessment | $252,770 |
| Land Assessment | $153,020 | Total Assessment | $405,790 |
Property Taxes
Parcel Number
ELYM-001703-000213
Land Assessment
$153,020
Improvements Assessment
$252,770
Total Assessment
$405,790
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Top Of The Hill LLC
81 Pennsylvania Ave
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