office
20,971 SF
444 Foxon Road
East Haven, Connecticut 06513
Price
$2,295,000
Price/SF
$109.44/SF
Building Size
20,971 SF
Lot Size
2.14 acres
Year Built
1982
Units
5
Property Description
Incredible Investment opportunity to own three buildings on one large 2.16 acre lot on Route 80 in East Haven with a huge upside potential. The first building consist of a 16,570 SQ FT office building with 3 excellent long term tenants and one 1000 SQ FT office space currently vacant. The rents for the building are currently $7000 (leased until 2026), $3181 (leased until 2028) and $1800 (Month to month). The second building is located at 430 Foxon RD which is a free standing building with 1950 SQ FT leased for $4191 per month until 2027 to a bank with a long term NNN lease (Paying 37% of the taxes on the property). The bank has a second three year option until 2030 at $4,400 and is currently in negotiation to resign for an additional 10 years. The third building is a 2424 SQ FT single family house with 5 bedrooms and 1.5 baths currently leased at a very below market rent at $1800 per month. The complex has ample off street parking for ~ 40 cars. This Investment opportunity will not last long!
Additional Details
Zoning
R-3
MLS Number
24158386
Property ID
f9a32d47-47b6-41c1-b64b-669555881252
MLS Information
MLS#: 24158386
Listed by: Seabury Hill REALTORS
Agent: John Hill • (203) 675-3942 • jack@seaburyhill.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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