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501 Pepper St

6,000 SF 100% Leased Industrial Building Monroe, CT 06468 $865,000 ($144/SF)

Investment Highlights

  • A perfect blend of office and warehouse space catering to a variety of business needs.
  • Under 1 minute from Route 25.
  • Great location situated near the Monroe/Newtown border providing seamless travel throughout Monroe and beyond
  • Minutes from CT-111 and Henry Mucci Hwy.

Executive Summary

The Atherton Team at BHGRE Commercial exclusively presents available for Sale 501 Pepper St. This Industrial property boasts a 6,000 square foot building currently divided into Four (4), 1,500 SF separately metered units, each unit consisting of high ceilings, a private bathroom, private office and drive in door. Situated on Pepper St. this property has great accessibility to the surrounding area, under a minute away from Route 25, and minutes away from CT-111, Henry Mucci Hwy and more major routes making travel/commuting easy.
Two (2), 1,500 SF units are currently vacant making this a great space for an owner-user, while the reaming 3,000 SF are currently leased to One (1) Tenant thru January 2029 with annual increases of Two Percent (2%).
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Please reach out to the Atherton Team at BHGRE Commercial to schedule a property tour.

Property Facts

Price $865,000
Price Per SF $144
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 2.40 AC
Rentable Building Area 6,000 SF
No. Stories 1
Year Built 2001
No. Drive In / Grade-Level Doors 4

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
MONR-000094-000007
Land Assessment
$129,000
Improvements Assessment
$164,200
Total Assessment
$293,200

zoning

Zoning Code I1 (Industrial)
I1 (Industrial)
  • Listing ID: 32744260

  • Date on Market: 8/9/2024

  • Last Updated:

  • Address: 501 Pepper St, Monroe, CT 06468

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