Active
887 Main Street
Monroe CT, 06468
$1,700,000
$141.67 per sqft
Active
12,000 sqft
Commercial
Built in 1979
Check out this prime industrial property located on Route 25, offering excellent visibility and accessibility. This versatile building features a mix of industrial and office tenants, with convenient common restrooms in the hallway. There are 7 units in total-5 office spaces on the first floor and 2 industrial units, with the ground level as the only available space, offering an opportunity for the new owner to lease. The **property is in excellent condition**, with all office units recently upgraded and well-maintained by the tenants. A prominent monument sign at the entrance lists all tenants, and the property includes additional land near the lower level for potential parking expansion, though the existing lot already has more than enough parking for both tenants and visitors. All tenants are current on rent, with many long-term occupants in place. The building is well-maintained, with regularly serviced A/C units and boilers in excellent condition. The seller is motivated and prefers a 1031 exchange but is flexible on price for strong offers only. Don't miss out on this great opportunity!
24046694
MLSⓇ ID
September 17, 2024
Listed
December 22, 2024
Updated
Map
887 Main Street
Monroe CT, 06468
Interior Features
Total Stories
2
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Zoned
Exterior/Building Features
Lot Size
1.19 Acres
Lot Features
Level
Roof
Asphalt
Sewer
Septic Tank
Other Property Details
Area Name
N/A
Taxes
$16,395
Tax Frequency
Annually
Days on Market
97
Garage
No
View
No
County
Fairfield
Water Source
Public
Pool
No
Zoning
I1
Listing History
Date | Event | Price |
|---|---|---|
12/22/2024 | Price change | $1,700,000 -11% |
Listed by Shy Grahame with Berkshire Hathaway NE Prop.
Listing Contact: 8606171740
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Data last updated on 12/22/2024 at 5:47 PM UTC