388 Main St, Monroe, CT 06468

$1,300,000
11,867
SqFt

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List Price
$1,300,000
Status
PENDING
MLS#
24142164
Year Built
1988
Acres
0.62
Living Area
11,867
Neighborhood
Stepney

Property Description

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

Additional Information

Taxes
$13,799
Lot Size
27,007
Heating
Hot Air
Cooling System Type
Central Air
Sewer
Septic Tank
Water Source
Public

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Calculator source: Real Geeks

Listing courtesy of Stephen Hodson from Hodson Realty, Inc.. (203) 260-1369 (203) 268-7743

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