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928 Bantam Rd 3,024 SF 100% Leased Retail Building Bantam, CT 06750 $700,000 ($231.48/SF)
Investment Highlights
- Situated on 3.57 acres in the Borough of Bantam.
- Service business on the main level.
- Fully Leased
- Two one bedroom apartments on second floor.
- Storage in lower level.
Executive Summary
Set on 3.57 acres in the desirable Borough of Bantam, this well-maintained commercial building offers exceptional mixed-use potential. The property currently features an established commercial business on the main level, complemented by two separate one-bedroom apartments on the upper level, providing diversified rental income. Each apartment boasts a private rear deck with peaceful meadow views. Tenants benefit from a dedicated laundry area and a half bath located in the lower level. The lower level also includes ample storage space, which could potentially be converted for additional rental income. The property includes a substantial 5,727 square foot parking lot (approximately 15 spaces) and sits on 3.57 acres.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,024 SF
Building Class
C
Year Built
2007
Price
$700,000
Price Per SF
$231.48
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.02
Lot Size
3.00 AC
Zoning
B1 - RR
Parking
15 Spaces (4.96 Spaces per 1,000 SF Leased)
Frontage
20’ on Bantam Road
Amenities
- Wheelchair Accessible
- Storage Space
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Haus Of Color
- Public Administration
- -
- -
- -
- Pure Esthetics
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Haus Of Color | Public Administration | - | - | - | ||
| Pure Esthetics | Retailer | - | - | - |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | LITC-000167-000072-000093F | Improvements Assessment | $255,370 |
| Land Assessment | $85,070 | Total Assessment | $340,440 |
Property Taxes
Parcel Number
LITC-000167-000072-000093F
Land Assessment
$85,070
Improvements Assessment
$255,370
Total Assessment
$340,440
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928 Bantam Rd
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