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Crescent Motel 60 Boston Post Rd

15,024 SF 100% Leased Retail Building Madison, CT 06443 $2,249,000 ($150/SF) 10.09% Cap Rate

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Investment Highlights

Situated along the highly trafficked Boston Post Road
Includes generous parking facilities to support customer convenience

Features adaptable layouts suitable for retail, office, or service uses

Executive Summary

NEW PRICE Commercial Real Estate Investors take notice! Discover an exceptional investment opportunity with this newly remodeled mixed-use commercial property, ideally situated on 1.91 acres along the bustling Boston Post Road in Madison, CT. Boasting an impressive 597 sq/ft of road frontage, this prime location ensures high visibility and accessibility. Currently, the property is 90% rented and the mixed-use building includes, 9 One Bedroom Motel Rooms, 1 fully equipped apartment with full kitchen, living/dinning room and one bedroom with 1.5 baths. Additionally this building offers 4 office and 4 retail spaces. Owners have recently replaced entire roof, electric, and remodeled most rooms. With 1.91 acres of versatile land, there is ample opportunity to expand the current motel operations or explore new ventures. Whether you envision additional lodging facilities, retail expansions, or innovative commercial enterprises, this property provides the foundation for unlimited potential. Do not miss this unique opportunity to enhance your portfolio.