501 Pepper StMonroe, CT 06468

Property Details for 501 Pepper St

Year built

2001

Construction

STEEL FRAME

Lot size

2.40 AC

Property size (Sq ft)

6,000 SF

Zone code

I1

Property type

Industrial properties

Property subtype

Other industrial properties

APN

MONR M:094 B:007 L:00

APU

MONRM094B007L00

Description

This exceptional commercial property, located at 501 Pepper Street in Monroe, Connecticut, offers 6,000 square feet of versatile industrial space. The building is currently configured into four separate 1,500-square-foot units, each equipped with high ceilings, a private bathroom, a private office, and a convenient drive-in door. Each unit benefits from individual metering. The property's strategic location on Pepper Street provides excellent accessibility to major transportation arteries. It's less than a minute from Route 25 and just minutes away from CT-111 (Henry Mucci Highway) and other key roadways, ensuring effortless commuting and transportation of goods. Currently, two 1,500-square-foot units are available for lease, presenting a significant opportunity for an owner-occupier seeking to establish a presence in this thriving area. The remaining 3,000 square feet are currently under lease to a single tenant with a lease extending through January 2029, providing immediate and long-term income potential. The property sits on a generous 2.4-acre lot, offering ample space for expansion or outdoor storage. This property is priced at $865,000 and represents a compelling investment opportunity in a highly desirable location.

• Alternative Use

  Use

  Valuation

  Residential

  $1,135,435

  Hospitality

  $1,040,052

  Educational

  $865,311

  Medical

  $895,070

  Retail

  $1,346,040

Location Insight

City

Monroe

County

Fairfield

State

Connecticut

Latitude

41.3463

Longitude

-73.252

CBSA code

14860

CBSA name

BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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