For Sale
$2,450,000

115/124 First StSeymour, CT 06483

Prime Seymour location, high NOI, great potential.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional mixed-use property, located at 115/124 Main Street and 20 1st Street in Seymour, Connecticut, presents a compelling investment opportunity. The 12,980 square foot building, constructed in 1922, sits on a 0.8-acre lot and boasts a strong net operating income (NOI) of $80,000. The property is zoned CBD1, allowing for a variety of uses. The building is a two-story structure featuring a blend of office and retail spaces, currently occupied by a mix of tenants. A key advantage is the inclusion of a separate parking lot and a convenient rear drive-through, enhancing both functionality and accessibility. This property offers significant long-term investment potential due to its prime location in Seymour, CT, its substantial size, and its healthy NOI. The building's history and character combine with modern conveniences to create a unique and attractive investment opportunity. Serious inquiries are encouraged to explore the full potential of this remarkable property. The asking price is $2,450,000.

Highlights

  • Excellent long-term investment opportunity.
  • Features a separate parking lot with rear drive-thru access.
  • Offers a diverse mix of office and retail tenants.
  • Generates approximately $80,000 in net operating income (NOI).
  • High potential for future growth.

Property Details for 115/124 First St

Property type
Retail properties, Office properties
Square Feet
12,980 SF
Year Built
1922
Stories
2
Lot Size (sq. ft)
34,848 SF

Location Insight

City
Seymour
County
New Haven
State
Connecticut
Latitude
41.3813413
Longitude
-73.0995528
115/124 First St, Seymour, Connecticut

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115/124 First St
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