This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.
This Office Property is no longer advertised on LoopNet.com.

755 Main St
Monroe, CT 06468

Bldg 8 · Office Property For Sale

Executive Summary

7.8% CAP RATE AT FULL ASKING! Fully Occupied professional office condo at Bradford Green is perfect for the investor looking for passive income in a professionally tenanted commercial building that pays their rent! 1st-floor tenants include a long time attorney & an acupuncturist. The 2nd floor tenants include a large therapy group, interior designer and a massage therapist. 3 year old roof w/ 50 yr warranty. Therapy group, attorney & designer are all long term tenants. All tenants would like to remain. Each unit has their own entrance and restroom. Bradford Green is a well-managed commercial condominium office/retail park consisting of 8 buildings. The entire building features nicely fitted out office spaces that are recently painted, new flooring and nicely maintained. Tenants pay their own utilities, separate electric meters for each tenant & each tenant pays a % of gas/heat. A large dry basement is perfect for storage. This is a well-maintained corner building with great visibility and tons of parking. Located on Main Street/Rte 25, short drive to Rte 59, I-84 and minutes to the Merritt and Rte 8. Income and expenses are available upon request. This property makes a great alternative to investors that purchase residential.

PROPERTY FACTS

Property Type Office
Building Class B
Rentable Building Area 6,448 SF
No. Stories 2
Year Built 1988
Parking Ratio 10/1,000 SF
APN / Parcel ID
MONR-000930-000010A
  • MONR-000930-000010B
  • MONR-000930-000010C
  • MONR-000930-000010D
  • MONR-000930-000010E
  • MONR-000930-000010F
  • MONR-000930-000010G
  • MONR-000930-000010H

Amenities

  • Storage Space
  • Fully Carpeted
  • Natural Light
  • Wi-Fi
  • Air Conditioning

zoning

Zoning Code b1 (Office and retail)
b1 (Office and retail)
  • Listing ID: 24533326

  • Date on Market: 11/22/2021

  • Last Updated:

  • Address: 755 Main St, Monroe, CT 06468

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}