-
$1,300,000
PRICE
-
11,867
Sqft
-
0.62
Acres
-
1988
Built
-
$110
Price/Sqft
Investment Office Property For Sale Prime opportunity to own a fully occupied, income-producing office property in the heart of Monroe's thriving business district. Located on busy Main Street with 19, 000 cars per day, this high-visibility asset offers stability, strong traffic exposure, and long-term value. Fully Leased: Seven established tenants provide a diverse, balanced rent roll, reducing risk for investors. Recent Updates: Multiple improvements made to the facility, ensuring reduced maintenance needs and modern appeal. Excellent Location: Situated on Monroe's Main Street corridor-one of the area's busiest commercial routes. Solid Investment: Stable occupancy and varied tenant mix create dependable income and long-term security. Taxes: $13, 799/yr Estimated Annual Income: $195, 000 Whether you're expanding your portfolio or seeking a reliable commercial investment, 388 Main St. delivers strong performance in a proven location
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Additional Information
ADDITIONAL INFORMATION
-
AREA TYPE:
Suburban
-
AVERAGE DAYS ON MARKET:
121
-
DAYS ON MARKET:
173
-
IS OCCUPIED?:
Tenant
-
LIVING AREA SQFT:
11,867
-
NEIGHBORHOOD:
Stepney
-
PROPERTY TAX:
$13,799
-
ROAD FRONTAGE DESCRIPTION:
State Road
-
SEWER:
Septic
-
TAX AMOUNT:
$13,799
-
TAX YEAR:
July 2025-June 2026
-
TYPE:
Commercial For Sale
-
UNIT COUNT:
17
-
UTILITIES AVAILABLE:
Electric
-
YEAR BUILT:
1988
-
ZONING:
B1
INTERIOR/EXTERIOR FEATURES
-
AIR CONDITIONING:
Central Air
-
COOLING:
Central Air
-
FURNACE TYPE:
Electric
-
HEAT:
Electric
-
HEAT FUEL:
Electric
-
LIVING SQFT SOURCE:
Public Records
-
ROOF:
Asphalt Shingle
Listing Courtesy of Stephen Hodson (203.260.1369) of Hodson Realty, Inc. (203.268.7743).
Location for 388 Main Street, Monroe, CT