SQUARE FEET21,905
MLS#24120456
STATUSActive
PROPERTY TYPECommercial - Office
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.
Property Features
Property Type: Commercial - Office
Cooling: Central Air
Fuel Type: Electric
Heating: Hot Air
Lot Size: 3.02 Acres
Roof Type: Asphalt Shingle
Taxes: $40,545
Year Built: 1986
Feature Descriptions
Days on Site: 236
Lot: Level Lot
Potential Use: Office/Retail
Present Use: Office/Retail
Road Type: State Road
Sewer: Public Sewer Connected
Units: 10
Utility Features: Electric, Gas, Telephone, Cable
Water: Public Water Connected
Listed By / Shown By
Listing By
Agency Name: Press/Cuozzo Realtors
Agency Phone: (203) 2881900
Agent Name: Stephen Press
Shown By
Agent Name: Brenda Wilson
Agent Phone:
Agency Title: Coldwell Banker Choice Properties
Brenda Wilson
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189 Middlesex | MLS# 24120456
This commercial property located at 189 Middlesex, Chester, CT 06412 is currently listed for sale with an asking price of $4,200,000. Search Chester real estate on brenda-wilson.coldwellbankerchoice.com today.