$2,500,000

Est. Mortgage $11,831/mo *

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60 Boston Post Road, Madison, CT, 06443

60 Boston Post Road, Madison, CT, 06443
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2 beds

10 Full / 1 Half baths

1812

6,705 sqft

Commercial Real Estate Investors take notice! Discover an exceptional investment opportunity with this newly remodeled mixed-use commercial property, ideally situated on 1.91 acres along the bustling Boston Post Road in Madison, CT. Boasting an impressive 597 sq/ft of road frontage, this prime location ensures high visibility and accessibility. Currently, the property is 90% rented and the mixed-use building includes, 9 One Bedroom Motel Rooms, 1 fully equipped apartment with full kitchen, living/dinning room and one bedroom with 1.5 baths. Additionally this building offers 4 office and 4 retail spaces. Owners have recently replaced entire roof, electric, and remodeled most rooms. With 1.91 acres of versatile land, there is ample opportunity to expand the current motel operations or explore new ventures. Whether you envision additional lodging facilities, retail expansions, or innovative commercial enterprises, this property provides the foundation for unlimited potential. Do not miss this unique opportunity to enhance your portfolio.

Status:

Active

Type:

Commercial

Units:

16

Zoning:

C

Frontage:

U.S. Highway

Garage:

Parking Lot, Off Street Parking

Heating:

Hot Air

Cooling:

Ceiling Fans, Heat Pump, Wall Unit, Window Unit

Parking:

20-car

Acreage:

1.91

Est. Taxes:

$14,604

Assessment

$663,800

Utilities

Electric,Cable

Lot Description:

Dry,Level Lot,Cleared

Days on Market:

51

MLS #:

24035715

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Cheryl Cook, REMAX Valley Shore Email: cherylcook@remax.net