$199,900

2 Main Street, Sprague, CT 06330

  • 2 baths |
  • 2,268 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1964
  • Property Lot Size Icon0.78acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $88/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

Great single story brick 2268 SQ FT commercial/Office building located on Main ST in Baltic located on large .78 acre lot with off street parking for ~10 cars. The building has a long term lease with the United States Postal office until 2029 ($28,000/per year) with two additional 5 year option for the post office to renew until 2039. The rent on the first five year option goes up to $30,800 per year and then $33,800 for second five year option. The tenant is responsible for utilities, lawn care and snow removal. Landlord is responsible for Taxes, Insurance and maintenance on the building. Great investment opportunity with amazing tenant in place!

Listing Status:
Active
Date Added:
January 22, 2025 at 05:38PM
Listing Office:
Seabury Hill REALTORS : (203) 562-1220
Listing Agent:
John Hill : (203) 675-3942
MLS ID:
24068714
  • A/C: None
  • Heating: Hot WaterOil

This listing courtesy of John Hill, Seabury Hill REALTORS

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Sayles School

25 Scotland Rd, Baltic, CT, 06330

Grades PK-8

0.43 miles away

S

Sayles School

25 Scotland Rd, Baltic, CT, 06330

Grades PK-8

0.43 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.