290 Main StSprague, CT 06330

Property Details for 290 Main St

Year built

1900

Construction

FRAME

Lot size

0.90 AC

Property size (Sq ft)

558 SF

Zone code

R-20

Property type

Other commercial real estate

Property subtype

Showrooms

APN

SPRA M:16 B:02 L:10

APU

SPRAM16B02L10

Description

This exceptional commercial property, situated at 290 Main Street in the heart of Sprague, Connecticut, presents a rare investment opportunity. The building boasts a prime location, offering excellent visibility and accessibility. The property encompasses a substantial 0.9-acre lot, providing ample space and potential for future development or expansion. Currently, the building is occupied by a long-term tenant, the United States Postal Service, ensuring a stable and reliable income stream. This presents a low-risk, high-reward investment prospect for savvy buyers seeking a secure and established commercial asset. The building's central location within Sprague makes it highly desirable for a variety of commercial uses, and its current occupancy by a government entity provides significant stability and predictability. The asking price of $100,000 represents exceptional value for a property of this caliber, in this desirable location, with a long-term, reliable tenant. This is a truly unique opportunity to acquire a well-established commercial property with significant potential for future growth and appreciation. Serious inquiries are encouraged to explore this exceptional investment opportunity further. The property is offered as-is.

Location Insight

City

Baltic

County

New London

State

Connecticut

Latitude

41.6418

Longitude

-72.0664

CBSA code

35980

CBSA name

NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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