115/124 First StSeymour, CT 06483

Property Details for 115/124 First St

Year built

1922

Lot size

0.80 AC

Property size (Sq ft)

12,980 SF

Property type

Other commercial real estate

Property subtype

Other retail properties

Description

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.

Location Insight

City

Seymour

County

New Haven

State

Connecticut

Latitude

41.3813

Longitude

-73.0996

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