162 South StBristol, CT 06010
- Office properties
- 3,065 SF
Property Details for 162 South St
- Lot size
- 0.53 AC
- Property size (Sq ft)
- 3,065 SF
- Property type
- Office properties
- Property subtype
- Medical offices
Description
This exceptional 3,065 sq ft Class B office building in Bristol, CT, presents a compelling investment opportunity. Located on a 0.53-acre corner lot at 162 South St (06010), this single-story building boasts high visibility with 14,700 vehicles passing daily. Currently configured for medical use, the space is adaptable to various professional uses. The building features 18 parking spaces, with potential for expansion on the rear of the lot. A 930 sq ft lower-level basement offers additional storage or expansion possibilities. The property includes one unit, fully leased, generating a Net Operating Income (NOI) of $56,524 and a cap rate of 11.56%. The asking price is $489,000. Built in 1990 and renovated that same year, the property is zoned BD-2. This is an ideal opportunity for owner-occupancy or investment. The building's strong cash flow and prime location make it a highly attractive proposition. The property is situated in Hartford County, Connecticut.
Location Insight
- City
- Bristol
- County
- Hartford
- State
- Connecticut
- Latitude
- 41.6678
- Longitude
- -72.9423
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].