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909 Prospect St
Naugatuck, CT 06770
Fulling Mills Commons · Retail Property For Sale

Executive Summary

Shopping plaza located on a high traffic Route 68.
4 Store Front Tenants / 1 second Floor Tenant with 3 office spaces for lease on the 2nd floor.
Whether you're a lawyer, real estate, medical, or any other type of professional, this space is ideal for any possibility. No shortage of parking spaces for you and your clients. With all modern conveniences.
2 of the 2nd Floor Office can be converter into apartments with some modifications, and a 2nd egress; Owner is willing to convert or sell with approavals for 2 apartments

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
7,500 SF
Building Class
B
Year Built
2016
Price
$1,300,000
Price Per SF
$173.33
Cap Rate
5.50%
NOI
$71,473
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.12
Lot Size
1.40 AC
Opportunity Zone
Yes
Zoning
Retail - Retail
Parking
30 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
542’ on Maple Hill Road

Property Taxes

Property Taxes

Parcel Number
NAUG-000000L-E000217
Land Assessment
$465,780
Improvements Assessment
$16,730
Total Assessment
$482,510
  • Listing ID: 31534735

  • Date on Market: 1/10/2024

  • Last Updated:

  • Address: 909 Prospect St, Naugatuck, CT 06770

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