Listing courtesy of Stephen Hodson (203) 260-1369, Hodson Realty, Inc. (203) 268-7743
388 Main Street, Monroe, (Stepney), CT, 06468
0 beds
1988
11,867 sqft
Investment Office Property For Sale Prime opportunity to own a fully occupied, income-producing office property in the heart of Monroe's thriving business district. Located on busy Main Street with 19,000 cars per day, this high-visibility asset offers stability, strong traffic exposure, and long-term value. Fully Leased: Seven established tenants provide a diverse, balanced rent roll, reducing risk for investors. Recent Updates: Multiple improvements made to the facility, ensuring reduced maintenance needs and modern appeal. Excellent Location: Situated on Monroe's Main Street corridor-one of the area's busiest commercial routes. Solid Investment: Stable occupancy and varied tenant mix create dependable income and long-term security. Taxes: $13,799/yr Estimated Annual Income: $195,000 Whether you're expanding your portfolio or seeking a reliable commercial investment, 388 Main St. delivers strong performance in a proven location
Status:
Under Contract - Continue to Show
Town:
Monroe
Type:
Commercial
Units:
17
Zoning:
B1
Frontage:
State Road
Heating:
Hot Air
Cooling:
Central Air
Acreage:
0.62
Est. Taxes:
$13,799
Assessment
$481,310
Utilities
Electric
Lot Description:
Corner Lot
Days on Market:
91
MLS #:
24142164
Community Info
School Info
Walk Score
Mass Transit
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