Main St

0 Bedroom Real Estate has been listed for sale at 156 Main St in Deep River for $800,000. Chat with a local expert, book a tour.

Deep River

156 Main St

156 Main St, For Sale in Deep River - eXp Commercial Brokerage

This is a rare opportunity to acquire a fully stabilized retail asset in Downtown Deep River. Additional income generation is possible by monetizing 800sqft of unrented commercial space. Inside the past 5 years the owner has replaced the entire roof, upgraded the electrical service and replaced all of the furnaces. Upon leasing up the existing units along with the 800sqft space in the rear of the building, this property will appraise north of $1.2M. What this means for a potential buyer, is that through an all cash or bridge acquisition, they will be able to pull out 100% of their investment upon refinancing during the 12-24 month lease up period. The income analysis, location, walkability, and quintessential New England charm of downtown Deep River are all important considerations for buyers seeking a dream location for their small business. For non owner-operator investors the deal will provide stable returns and ease of management.

156 Main Street in Deep River, CT is a versatile property with great potential for businesses looking for a prominent location in downtown Deep River. This property is currently available for rent with flexible terms and is also for sale for a potential owner-user. The property spans over 1, 425 square feet and was formerly a Chinese restaurant, but the possibilities for use are endless. It's a blank canvas for entrepreneurs and business owners to bring their vision to life. The space is flexible enough to accommodate a wide variety of businesses, from retail shops to professional offices, and everything in between. Located in the heart of downtown Deep River, this property offers excellent visibility from the road, making it a prime location for businesses seeking high visibility and foot traffic. The property is surrounded by a variety of other businesses, including cafes, boutiques, and restaurants, making it a bustling area for commerce. This property is a great opportunity for businesses looking to establish themselves in a thriving downtown area with great potential for growth. With its prime location, flexible terms, and affordable rent, this property is a must-see for entrepreneurs and business owners looking to start or expand their business.

156 Main St, Deep River, CT

Real Estate

Key Facts

Description

Extras

Similar Listings

Like what you see?