commercial
880 SF
160 Oak Street
Glastonbury, Connecticut 06033
Price
$165,000
Price/SF
$187.50/SF
Building Size
880 SF
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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