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195-199 Main St

2 Properties Offered at $2,020,000 in Salisbury, CT

Retail Space Connecticut Salisbury 195-199 Main St

Investment Highlights

  • This portfolio comprises two buildings with five tenants and is fully leased
  • National Iron Bank occupies over 75% of the two buildings
  • Net Operating Income (NOI) of $165,800

Executive Summary

Coldwell Banker Commercial Realty is pleased to present for sale of 195-199 Main Street in Salisbury, Connecticut (the “Property”).
This portfolio includes 2 Buildings with 5 tenants. The Buildings are 100% occupancy rate and NOI of $165,799.96. National Iron Bank leases over 75% of the two buildings.

Attachments

National Iron Bank - Offering Memorandum

Property Facts

Price $2,020,000 Number of Properties 2
Price / SF $216.95 / SF Individually For Sale 0
Cap Rate 8.21% Total Building Size 9,311 SF
Sale Type Investment Total Land Area 3.36 AC
Status Active
Price $2,020,000
Price / SF $216.95 / SF
Cap Rate 8.21%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 9,311 SF
Total Land Area 3.36 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
195 Main St, Salisbury, CT 06068 Retail 5,079 SF 1930 -
195-199 Main St, Salisbury, CT 06068 Office 4,232 SF 1930 -
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(203) 744-7025

  • Listing ID: 33594502

  • Date on Market: 10/22/2024

  • Last Updated:

  • Address: 195-199 Main St, Salisbury, CT

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195-199 Main St portfolio of 2 properties for sale on LoopNet.com Building Photo- Image 1 of 7
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195-199 Main St portfolio of 2 properties for sale on LoopNet.com Building Photo- Image 3 of 7
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195-199 Main St
195-199 Main St portfolio of 2 properties for sale on LoopNet.com Building Photo- Image 5 of 7
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195-199 Main St portfolio of 2 properties for sale on LoopNet.com Building Photo- Image 6 of 7
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195-199 Main St
(203) 744-7025 x

195-199 Main St

Todd Payne

(203) 744-7025

(203) 744-7025

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