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172 Middle Turnpike West Manchester, Connecticut 06040
$549,900
  • Commercial
  • 2 Full Baths
  • 2 Half Baths
  • 1600 SqFt
  • Year Built 1900
  • Misc
  • ML# 24041966

Property Details

Overview

Investment opportunity ! We are pleased to present two buildings located in a high traffic area with great convenient access. Both buildings have been renovated and are currently leased, providing a reliable return on investment of 10% or more. The properties consist of retail, commercial, and residential spaces, catering to a diverse range of tenants and ensuring a steady income stream. Additionally, the corner lot location offers excellent visibility and accessibility, further enhancing the appeal of this investment. One of the key advantages of these buildings is the presence of a bus stop on the corner, making it a highly desirable location for both tenants and customers. This strategic advantage contributes to the high level of foot traffic and adds to the overall appeal of the investment. With leases already in place, investors can benefit from immediate cash flow and the security of long-term tenancy agreements. This stability, combined with the potential for future rental growth, makes these buildings an attractive proposition for those seeking a reliable and lucrative investment opportunity. We invite you to explore this opportunity further and discover the potential for substantial returns in a prime location.

Key Facts

  • SqFt: 1600.00
  • Lot Size: 0.18
  • Lot Sq Ft: 1600
  • Business Type: Residential, Retail & Commercial
  • Zoning: B2

Additional Features

  • Exterior Features: Doors - 10-15 ft, Lighting
  • Interior Features: 
    Window Display
  • Building Size: 1600
  • Parking Spaces: Yes
  • Parking Spaces: 12
  • Parking Facilities: Paved, Off Street Parking
  • Stories: 2

Rooms & Floor Plans

  • Full Bath: 2
  • Half Bath: 2

Interior & Utilities

  • Heat: Baseboard, Radiator, Other
  • A/C: Window Unit
  • Water: Public Water Connected
  • Sewer: Public Sewer Connected

Business

  • Gross Profit: 67000
Listing Information provided courtesy of William Raveis Real Estate  
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