$1,200,000

Under Contract - Continue to Show

Est. Mortgage $6,468/mo *

Quick Pre-Approval

418 Roosevelt Drive, Derby , CT, 06418

418 Roosevelt Drive, Derby , CT, 06418

1950

12,000 sqft

Unique Waterfront Commercial/Retail/Office Investment Property for sale in Derby, CT. Potential for Owner/User occupancy. Excellent location for Lawyer, Accountant, Financial Services, or Consulting firm. Consists of two well-maintained/upgraded buildings equaling a total of 12,000 +/- SF and 45 parking spaces on .76 Acre lot. • Long term tenants include a deli, chiropractor, insurance agency, hair salon, rowing/exercise club, eyelash salon. • Most offices have magnificent four-season views of the Housatonic River and the hills beyond. Outdoor patio allows tenants to combine work with tranquil, waterfront dining/relaxation. • On State Route 34 with good traffic count just north of downtown Derby and Yale Boat house. Close proximity to CT Route 8, Home Depot and Derby Metro North Rail Station (1.5 Miles) • Potential to reestablish a marina operation with boat docks and fueling station on Lake Housatonic. For Sale: $1,200,000 Pro-forma Cap Rate: 8.92 Possible Lease with Purchase Option


Status:

Under Contract - Continue to Show

Type:

Commercial

Zoning:

B-2

Frontage:

Municipal Street

Garage:

Paved, Off Street Parking, Parking Lot

Heating:

Hot Air

Cooling:

Ceiling Fans

Acreage:

0.76

Est. Taxes:

$21,176

Assessment

$548,590

Utilities

Electric,Gas,Telephone

Lot Description:

N/A

Days on Market:

319

MLS #:

170576801


Community Info

School Info

Walk Score

Mass Transit

Yelp


Copyright ©2024 SmartMLS, Inc.
Listing courtesy of Mark Yash, Hodson Realty, Inc. Email: mark@hodsonrealty.com