60 Boston Post Road, Madison, CT, 06443
2 beds
10 Full / 1 Half baths
1812
6,705 sqft
Commercial Real Estate Investors take notice! Discover an exceptional investment opportunity with this newly remodeled mixed-use commercial property, ideally situated on 1.91 acres along the bustling Boston Post Road in Madison, CT. Boasting an impressive 597 sq/ft of road frontage, this prime location ensures high visibility and accessibility. Currently, the property is 90% rented and the mixed-use building includes, 9 One Bedroom Motel Rooms, 1 fully equipped apartment with full kitchen, living/dinning room and one bedroom with 1.5 baths. Additionally this building offers 4 office and 4 retail spaces. Owners have recently replaced entire roof, electric, and remodeled most rooms. With 1.91 acres of versatile land, there is ample opportunity to expand the current motel operations or explore new ventures. Whether you envision additional lodging facilities, retail expansions, or innovative commercial enterprises, this property provides the foundation for unlimited potential. Do not miss this unique opportunity to enhance your portfolio.
Status:
Active
Type:
Commercial
Units:
16
Zoning:
C
Frontage:
U.S. Highway
Garage:
Parking Lot, Off Street Parking
Heating:
Hot Air
Cooling:
Ceiling Fans, Heat Pump, Wall Unit, Window Unit
Parking:
20-car
Acreage:
1.91
Est. Taxes:
$14,604
Assessment
$663,800
Utilities
Electric,Cable
Lot Description:
Dry,Level Lot,Cleared
Days on Market:
98
MLS #:
24035715
Community Info
School Info
Walk Score
Mass Transit
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Copyright ©2024 SmartMLS, Inc.
Listing courtesy of Cheryl Cook, REMAX Valley Shore Email: cherylcook@remax.net