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Listed price in listed location currency (USD).
$508,500
$535,000

000

MLS® 170585687

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Lease
Size -
Garage No
Date Available 
Approx. Age 1973
MLS® Number 170585687

Property Address: 2 Route 7, Sharon, CT, 06069

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey Commercial / Residential Property Near Cornwall Bridge - A fully renovated commercial building near Cornwall Bridge in Sharon offers great income potential. The residentially zoned, pre-existing non-conforming property has approved commercial use as a Nursery, Antique Store, or Bakery. The large open floor plan contains 3 retail units with tenants open to staying. There is also a separate 1 bedroom, 1 bathroom apartment currently tenanted. Together the 4 units generate $42, 000 in annual income. The apartment was renovated 4 years ago and the rest was gutted to studs with a full renovation completed in 2022. Brand new mechanicals, central air, well pump, main electric service and breaker panel, spray foam insulation in ceilings and walls. Highlights include a great location near the bridge, solid tenants in place, and recent top-to-bottom renovation maximizing income potential. Zoning allows for continued commercial use. This is a rare opportunity to acquire an updated commercial property with built-in income in an attractive rural setting.
MLS® Number170585687
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1973
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

Sep 14, 2023End Date
$508,500Sold Price

Sold

Jul 19, 2023List Date
$535,000List Price
Sep 14, 2023End Date
$508,500Sold Price

Leased

Jul 19, 2023List Date
$535,000List Price
  • Commute

Commute

Starting Address
Destination Address
2 Route 7, Sharon, CT

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