410-421 Howe Ave - Storefront Retail/Residential FOR SALE
Shelton, CT 06484- Trumbull/Upper Stratford/Shelton |
$3,400,000 USD
203-218-3383
410-421 Howe Ave
Shelton, CT 06484
Trumbull/Upper Stratford/Shelton
HIGHLIGHTS
- COMPLETELY RENOVATED FROM TOP TO BOTTOM, INSIDE AND OUTSIDE
- 100% OCCUPIED - 7.2% CAP RATE AT CURRENT RENTS AT ASKING PRICE
- MIXED-USE, 9 RESIDENTIAL APARTMENTS, 4 COMMERCIAL RETAIL UNITS
- 4-WAY SIGNALIZED LIGHT CORNER LOCATION
- CLOSE TO RTE 8, RTE 34 AND ROUTE 15/MERRITT PARKWAY
- DOWNTOWN SHELTON SIDEWALK LOCATION
OVERVIEW
Fully occupied mixed use commercial and residential building located in Fairfield County, Shelton, CT. The property is located on a 4-way signalized street light intersection of Howe and Center streets. The building has been completely renovated with all new 9 residential apartments and 4 commercial units. Interior and exterior renovated. Laundry on premises.
FOR SALE DETAILS
PRICE
$3,400,000 USD
PRICE/SF
$223 USD /SF
CAP RATE
7.19%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Residential
ADD'L SUBTYPES
Storefront Retail/Office, Office/Residential
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1960
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.2 AC
LAND SF
8,712 SF
ZONING
CB-2
APN/PARCEL ID
SHEL-000129D-000000-000047
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203-218-3383
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203-218-3383
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