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166 N MAIN ST
SOUTHINGTON, CT 06489-2514
Asking Price
$700K
Asset Type
Traditional Office Office
Class
Class B
What's Special
<ul><li>Strong visibility and frontage with approximately 15k vehicles per day.</li><li>RO Zone allows for conversion of 2nd floor to residential. Occupy prestigious 1st floor office while living or renting the 2nd and 3rd floors.</li><li>Large lot size allows for auxiliary housing or garage to be built on rear section of the lot along town road for future income.</li><li>Easy accessibility to I-84 via exits 31 and 32.</li><li>Abundant on-site parking.</li></ul>
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NOI
$80,000
Cap Rate
11.43%
DSCR
1.92
Strong
Cash-on-Cash
18.31%
Monthly Payment
$3,463.218
Annual Cash Flow
$38,441.383