1159 Main St Coventry, CT 06238

This 8,000-square-foot mixed-use building, situated on a 1.5-acre lot at 1159 Main Street in Coventry, Connecticut (06238), presents a compelling investment opportunity. The Class B property, built in 1950, features a 10-foot ceiling height and is currently configured as a shopping center with two tenants, both in the healthcare sector. The building offers a blend of retail, office, and industrial space, making it suitable for a variety of uses. The lower level, comprising 4,000 square feet, is available for lease. The property boasts ample parking in a recently paved rear lot, is handicap accessible, and benefits from city sewer and well water, along with propane gas heat. The zoning designation is VC Village Center, allowing for a range of permitted uses including office, personal service, professional service, art studios, public museums, and government services. Special permits may allow for taverns, recreational activities, educational services, food service, daycare facilities, and more. The property enjoys high visibility with over 120 feet of road frontage on a busy street, experiencing an average daily traffic count exceeding 3,700 vehicles. The asking price is $550,000, translating to $68.75 per square foot. This NNN-leased multi-tenant property offers a strong return on investment.