189 Middlesex Avenue Active Save Request In-Person Tour Request Virtual Tour
Chester,CT 06412
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 21,905 sqft
Price per Sqft $241
MLS Listing ID 24092840
Year Built 1986
Annual Tax Amount $53,033
Lot Size 3.020 Acres
Property Description
Prime Investment Opportunity in Chester, CT Presenting 189-191 Middlesex Avenue, a fully leased, mixed-use property offering an exceptional investment opportunity in the heart of Chester, Connecticut. This 21,905 SF complex features a mix of retail, office, and residential spaces, with long-term tenants, ensuring stability and consistent revenue. Property Highlights * Fully Leased with established tenants * Strong financials-Projected 2025 NOI of $378,000 * Significant annual increases and pass-through for operating expenses * Ample on-site parking for tenants and visitors * High visibility on a well-trafficked state road * Well-maintained by current ownership for 19 years Location Benefits * 3.02-acre lot in a desirable commercial zone (C) * Built in 1986, offering modern infrastructure * Convenient access to Route 9 and Exit 3 on Route 154 * Proximity to Chester Village-a vibrant hub of dining, shopping, and scenic attractions About Chester, CT Nestled along the Connecticut River, Chester boasts a unique blend of New England charm and commercial opportunity. Its historic appeal, picturesque views, and strong community make it an attractive destination for businesses and residents alike. This turnkey investment offers immediate and long-term financial rewards in a thriving market. Don't miss out on securing a property with both stability and future growth potential.
Location
State CT
County Middlesex
Zoning C
Interior
Heating Hot Air
Cooling Central Air
Exterior
Utilities Available Electric,Gas,Telephone,Cable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Sewer Public Sewer Connected
Water Public Water Connected