60 Boston Post Rd, Madison, CT 06443

$2,500,000
17
BA
6,705
SqFt

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List Price
$2,500,000
Status
ACTIVE UNDER CONTRACT
MLS#
24035715
Year Built
1812
Bathrooms
17
Acres
1.91
Living Area
6,705
Neighborhood
N/A

Property Description

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.

Additional Information

Taxes
$14,979
Lot Size
83,199
Heating
Hot Air
Cooling System Type
Ceiling Fan(s), Heat Pump, Wall Units, Window/Wall
Sewer
Septic Tank
Water Source
Public
Exterior Features
Storage, Lighting
Parking Spaces
20

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Calculator source: Real Geeks

Listing courtesy of Cheryl Cook from Re/Max Valley Shore. (860) 575-8462 (860) 388-1228

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