85 River Rd - Day Care Center FOR SALE


Canton, CT 06019
$1,171,911 USD
781-776-4006
85 River Rd, Canton, CT for Sale
$1,171,911 USD
Day Care Center - FOR SALE
1/7
null | 7% Cap Rate

85 River Rd
Canton, CT 06019


HIGHLIGHTS

  • Diverse Tenant Mix
  • Scheduled Rent Increases
  • Strategic Retail Location
  • Excellent Frontage & Visibility
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the investment property located at 85 River Road in Canton, Connecticut (the “Property”). The Property was constructed in 1988 and contains 7,897 square feet on a 1.61-acre parcel of land. The well-maintained Property is comprised of four (4) suites and is 100% leased to an attractive mix of office and neighborhood service tenants. The well-maintained Property is positioned in the southern portion of Canton and provides a convenient location for area residents. The Property benefits from outstanding frontage and visibility along both River Road (CT Route 179) and is 0.5-miles from the junction of US Routes 44 and 202, the area’s primary commercial and commuter corridors. The Property is less than a mile from Canton’s municipal buildings, Canton Intermediate School and Canton High School. Canton is positioned approximately 11-miles east of Torrington and 15-miles northwest of Hartford, the regional center for commerce, employment, and entertainment.

FOR SALE DETAILS

PRICE

$1,171,911 USD

PRICE/SF

$148 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

1.61 AC

LAND SF

70,132 SF

ZONING

I

APN/PARCEL ID

CANT-000030-000449-000085

ASK ABOUT THIS PROPERTY

Matthew NadlerHorvath & TremblayMore Info
781-776-4006

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Matthew NadlerHorvath & TremblayMore Info
781-776-4006

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