203-488-1005 info@GeentyGroup.com

Fully-tenanted Office Building - Office/Investment

3,586 Sqft - 553 Portland-Cobalt Road, Portland, Connecticut 06480

Snapshot:
FOR SALE: Modern office property with 3 professional tenants. Law office, dental practice and hair salon. Located in the heart of Portland on Route #66. Ample parking, large pond views. 9% cap rate on well maintained office investment property. Could be potential to add square footage on 1.74 acre lot.

Availability
Listing Type : For Sale
Property Type : Office
Price : $565,000
Snapshot: :
FOR SALE: Modern office property with 3 professional tenants. Law office, dental practice and hair salon. Located in the heart of Portland on Route #66. Ample parking, large pond views. 9% cap rate on well maintained office investment property. Could be potential to add square footage on 1.74 acre lot.

Square Footage : 3,586 Sqft
# Floors : 2
Present Use: : Investment
Potential Use: : Investment
Office Sqft : 3586
1st Floor Area : 1,793 Sqft
Minimum Ceiling Height : 9 ft
Maximum Ceiling Height : 9 ft
2nd Floor Area : 1,793 Sqft
Minimum Ceiling Height : 9 ft
Maximum Ceiling Height : 9 ft
Features
Private Offices
Conference Rooms
Kitchen/Breakroom
Kitcheonette
Examination Rooms
High-Visibility Location
Nearby Shops/Restaurants/Businesses
Building Details
Stories : 2
Year Built : 1984
Condition : Good
Roof : Asphalt Shingle
Construction Type : Wood Frame
Total Floor Area : 3,586 Sqft
Site
Lot(s) : 1
Area SF : 32,234 Sqft
Acreage : Call
Parking : 20
Zoning : B-2
Frontage : 300 ft
Depth : Varies
% Land Coverage : 5
% Land Coverage Permitted : 25
Condition of Site : Level, Dry
Utilities
Water
Availability : Connected
Source : Well
Sewage System
Type : Septic
Availability : Connected
Gas
Type : Propane
Availability : Connected
Provider : Other
Power
Availability : Connected
Provider : Public Utility
Volts : 110
Amps : 200
Phase : I
Mechanicals
Heating : Propane/Oil
Air Conditioning : Fully
Assessment
Land : $96,250
Building : $168,700
Total : $264,950
Mill Rate : 35.01
Taxes : $10,203
A/S Ratio : 70
Transportation
Bus Service : Yes
Distance : Door
Turnpike : I-91
Exit : 21
Office For Sale
  • Square Footage : 3,586 Sqft
  • Visits : 201 in 77 days
$565,000
Agent info
The Geenty Group, Realtors
765 East Main Street
Contact Agent