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819 Straits Turnpike Suite 3B

Middlebury, CT 06762

1 203 753 5800

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711 East Main Street, Meriden, CT

711 E Main St, Meriden, CT 06450, USA
$385,000$7/PSF NNN Plus Utilities

Description

 

PROPERTY FEATURES:

 

  • 8,700 SF +/- Mixed Use- Industrial / Retail / Office Building on 0.37 Acres
  • Ideal for Warehouse, Distribution, Showroom & Office Use
  • Great Owner- User Opportunity!
  • Brick, Block, Steel Construction with Asphalt and Metal Roof
  • Located at a signalized intersection on the corner of East Main St. and Swain Ave., Meriden. ​​Frontage- 60’ on East Main St. & 215’ on Swain Ave.
  • Excellent Visibility with Great Signage – 1 Pylon Sign and 3 Large Signs
  • 1,800 SF +/- Leased- A&M Machine Shop- 30+ Years- $2,120 Per Month
  • 5,000 SF +/- Available Space For Lease on the 1st Floor – 5 Year Lease Required
  • Front- 2,000 SF +/-
  • 8’ Ceiling Height, Private Entrance, 2 Restrooms
  • Rear- 3,000 SF +/-
  • 10’x10’ Overhead Drive-In Door
  • 20’ Clear Span Ceiling Height
  • Direct Access to the Upstairs Office / Storage Area
  • 264 SF +/- Mezzanine
  • 2,244 SF +/- Basement Storage Space

 

2nd Floor Office & Storage Space1,900 SF +/- Available With Private Entrance

FINANCIAL INFORMATION:

 

  • INCOME-
  • A&M Machine Shop- 30+ Year Tenant
  • 1,800 SF +/-
  • $2,120 Per Month
  • $25,440 Per Year- Essentially Covers the Entirety of the Property Expenses
  • EXPENSES-
  • Property Taxes- $15,136.18
  • Insurance- $4,800.00
  • Snow / Landscaping- $4,500
  • Management- $1,250.00
  • Estimate of Nets- $2.95 PSF
  • Total- $25,686.18
  • LEASE RATES-
  • 1st Floor- 5,000 SF +/- Industrial- $6.75 PSF NNN + Utilities
  • Total Monthly Rate- $4,041.67 Per Month + Utilities
  • 2nd Floor- 1,900 SF +/- Office & Storage- $975 Per Month Gross + Utilities
  • SALES PRICE-
  • $385,000 REDUCED FROM $457,900

 

 

Total Available SF  8,700 SF +/-
Total Acreage 0.37 Acres
Exterior Construction Brick / Block / Steel / Asphalt & Metal Roof
Interior Construction Sheetrock/ Steel/ Concrete/ Wood
Year Built / Renovated 1965 / 1981
Ceiling Height 8’ – 20’
Heat Source/ Type Gas- Forced Air
A/C A/C Units on 1st Floor

Central on 2nd Floor

Average Daily Traffic 14,300 Vehicles on East Main St.
Sewer City
Water City
Electric Eversource
Zoning C-3 – General Commercial
Distance to I-91

Distance to I-691

Distance to I-84

Distance to RT-5

0.5 Miles

1 Mile

8.4 Miles

0.5 Miles

Property Documents

  • 711 East Main St., Meriden For Sale Lease 03072022
  • City: Meriden
  • State/county: Connecticut
  • Country: United States

Detail

Updated on March 7, 2022 at 4:44 pm

  • Property ID: MCP-5088
  • Price: $385,000
  • Property Size: 8700
  • Land Area:0.37 acres
  • Garage: 1
  • Year Built: 1965
  • Property Type: Industrial, Investment, Retail
  • Property Status: For Lease, For Sale, For Sale / For Lease

Contact info

Noah Matthews
Noah Matthews
2037213337
Linkedin

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