Price
$200,000
STRATFORD, CT Investment Opportunity ... 11.49% CAP Rate! Townhouse-style commercial office unit totaling approximately 1,369 square foot, fully renovated within the past five years. Located in Stratford, a vibrant coastal town along Long Island Sound, known for its strong business community, convenient access to I-95 and Metro North, and proximity to Bridgeport and New Haven markets. *First Floor: Two private offices, reception area with drop-in counter, half bathroom. *Second Floor: Open-concept layout with half bathroom. Tenancy & Income *First floor leased at $1,500/month, lease through September 30, 2026. *Second floor leased to The Lewis Team at $1,250/month (month-to-month); tenant open to long-term lease. Ideal for owner-user or investor. *Occupy both floors or use one level and collect rent from the other. *Flexible layout suits a variety of professional uses. *Ample on-site parking and dumpster access. Strategically positioned between I-95 and Metro North, this location offers excellent visibility, accessibility, and convenience for clients and staff alike. NOI: $22,990.48 = 11.49% CAP Rate
Listed by Coldwell Banker Realty, Ralph Lewis. Data sourced from SmartMLS