16 Rae Palmer Rd - Medical FOR SALE


Moodus, CT 06469
$329,000 USD
860-303-1777
16 Rae Palmer Rd, Moodus, CT for Sale
$329,000 USD
Medical - FOR SALE
1/16
null | Request Cap Rate

16 Rae Palmer Rd
Moodus, CT 06469


HIGHLIGHTS

  • High Visibility
  • 1st floor is currently subdivided

OVERVIEW

Prime commercial property located in Moodus Business District of East Haddam. The updated office building is on a corner lot with high visibility. The first floor previously was used a fitness and karate studio; prior to that it was a medical office. The first floor has 2 handicapped assessable bathrooms, one with a walk in shower. 1st floor is propane heat and central air. The second floor has 5 office spaces, currently 2 are leased and has 2 shared bathrooms. The rents on the 2nd floor include the electric and have window A/C. Electrical, plumbing and mechanicals were updated in 2017. Handicap ramp was replaced in April 2024. New water treatment system, well pump and exterior lighting was installed in 2023. 20 paved parking spaces. CBIG zoning regulations are attached.

FOR SALE DETAILS

PRICE

$329,000 USD

PRICE/SF

$63 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Moodus Professional Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,333 SF

ZONING

Commercial

APN/PARCEL ID

EHDM-000065M-000000-L000166

ASK ABOUT THIS PROPERTY

Carol Parda-ZiolkoCarl Guild and AssociatesMore Info
860-303-1777

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Carol Parda-ZiolkoCarl Guild and AssociatesMore Info
860-303-1777

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.