880 SF

commercial

880 SF

160 Oak Street
Glastonbury, Connecticut 06033

Price

$165,000

Price/SF

$187.50/SF

Building Size

880 SF

0

Year Built

1986

NOI

$11,914

Units

1

Property Description

Excellent investment opportunity in Glastonbury. 160 Oak Street, Unit 1H is a commercial condo occupied by a long-term driving school tenant, making it an attractive option for an investor seeking steady income, minimal day-to-day management, and a relatively low price point for entry into commercial investment ownership. The property generates $11,914 net income, with the tenant paying all utilities and covering the first $1,000 in repairs. The owner is responsible for taxes, insurance, and monthly association charge of $234.94, which include water, sewer, and restrooms. Strong tenant, long-term lease, dependable income, and an accessible entry price make this a solid addition to an investment portfolio.

Additional Details

Zoning

PI

MLS Number

24169046

Property ID

07004bd5-914f-480c-a971-f9a44b98c97a

MLS Information

MLS#: 24169046

Listed by: Coldwell Banker Realty

Agent: Mike Rethis • (860) 983-3158 • mike@mikerethis.com

This property information is provided by SmartMLS. Data may be subject to change. All information should be independently verified.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of SmartMLS. Real estate listings held by brokerage firms other than Great River Commercial are marked with the IDX logo.

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