For Sale
$1,075,000

694 Main StPlymouth, CT 06782

11-unit multifamily & retail complex

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional investment opportunity presents a portfolio of three contiguous mixed-use buildings totaling 11,066 square feet situated on a 20,908 square foot lot in Plymouth, Connecticut. Located on heavily trafficked Route 6 (Main Street), this Class B property boasts a diverse tenant mix including a thriving local post office, a sizable salon, and nine apartment units across the three buildings. Each building features updated electrical systems and hardwired alarm systems. The property offers ample parking with 30 spaces in the rear. All utilities are separately metered, including water. The buildings, constructed in 1900 and featuring two stories, are zoned C. Currently operating at 100% occupancy, this portfolio presents a compelling opportunity for immediate income generation and future value appreciation. The under-market rents provide significant upside potential for a new owner. The property's prime location, near Route 8, ensures high visibility and accessibility. This is a rare chance to acquire a well-established, multi-faceted property with strong cash flow and significant growth potential. The property includes three buildings, nine apartments, a post office, and a large salon. The APN numbers are PLYM-000016-001300, PLYM-000035-000015-000082. The asking price is $1,075,000.

Highlights

  • Three-building complex
  • Nine apartment units
  • On-site post office
  • Large salon space available
  • One mile to Route 8
  • High-traffic location on Route 6

Property Details for 694 Main St

Property type
Retail properties, Mixed-use properties
Square Feet
11,066 SF
Class
B
Year Built
1900
Buildings
3
Stories
2
Units
11

Location Insight

City
Plymouth
County
Litchfield
State
Connecticut
Latitude
41.6721626
Longitude
-73.0524954
694 Main St, Plymouth, Connecticut

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694 Main St
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