For Sale
$2,500,000

468 Westminster Rd Canterbury, CT 06331

7-Acre Storage Complex, High ROI Potential

Overview

Added:
Feb 3
Days on market:
81
This exceptional investment opportunity presents a well-maintained, income-generating storage facility located at 468 Westminster Road, Canterbury, CT. The property encompasses a substantial 7.19 acres of land and features a total of 190 storage units, strategically distributed across ten separate buildings. Ten of these units are climate-controlled, each measuring 10x20 feet, catering to a diverse range of storage needs. The facility boasts a convenient on-site office, facilitating efficient management and customer service. Security is ensured with a gated entrance, providing 24/7 access for tenants. The expansive 7.19-acre lot offers significant potential for future expansion, allowing for the addition of more storage units or the exploration of complementary business ventures. The property's 20,000 square feet of existing space, combined with the ample land for development, presents a compelling proposition for investors seeking strong returns and long-term growth. The asking price for this turnkey operation is $2,500,000. This prime Canterbury location offers excellent accessibility and visibility, making it an attractive investment in a thriving market. The current configuration and operational efficiency of the facility make it immediately profitable, with significant upside potential for future development.

Property Details for 468 Westminster Rd

Property type
Commercial real estate
Square Feet
20,000 SF
Year Built
2004
Lot Size (sq. ft)
313,196 SF

Location Insight

City
Canterbury
County
Windham
State
Connecticut
Latitude
41.70901
Longitude
-72.02947

FAQs

What type of property is this?
Commercial real estate - 7-Acre Storage Complex, High ROI Potential
Where is the commercial real estate located?
The property is located at 468 Westminster Rd Canterbury, CT.
What is the asking price?
The asking price for this property is $2,500,000.
How can I contact the broker?
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468 Westminster Rd
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