For Sale
$149,000

1449 Old Waterbury Rd Southbury, CT 06488

1,066 SF Office, Seller Financing Available

Overview

Added:
Dec 11, 2024
Days on market:
136
This 1,066 square foot office condominium in Southbury, Connecticut, presents a compelling owner-user opportunity. Located at 1449 Old Waterbury Rd, this Class B property boasts a convenient location with direct access to I-84 Exit 16. Built in 2006, the space features a bright and spacious layout, ideal for executive, medical, or traditional office uses. The unit includes a reception/waiting area and five large private offices, easily adaptable to various professional needs. Plumbing for sinks is readily available for added convenience. The property is currently vacant and zoned M-2. Attractive seller financing is offered with a 25% down payment ($37,250), a 3% interest rate, a 20-year amortization schedule, and a 5-year balloon payment of $90,365. The estimated monthly payment, excluding utilities, totals $1,409.89, encompassing principal, interest, condo fees ($488.58), and property taxes ($301.55). The asking price is $149,000, translating to $139.77 per square foot. This represents a strong investment opportunity for those seeking a well-located, versatile office space with flexible financing options. The gross lease rate is $16.00 per square foot, plus condo fees and utilities.

Property Details for 1449 Old Waterbury Rd

Property type
Office properties, Medical offices
Square Feet
1,066 SF
Class
B
Year Built
2006

Location Insight

City
Southbury
County
New Haven
State
Connecticut
Latitude
41.4947963
Longitude
-73.1656786

FAQs

What type of property is this?
Office property - 1,066 SF Office, Seller Financing Available
Where is the office property located?
The property is located at 1449 Old Waterbury Rd Southbury, CT.
What is the asking price?
The asking price for this property is $149,000.
How can I contact the broker?
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1449 Old Waterbury Rd
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