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46 & 40 Main Street, Griswold, CT 06351 Great Investment Property For Sale

$525,000 $70.74 / SF
46 & 40 Main Street, Griswold, CT 06351

For Sale Details

$525,000
$70.74 / SF
  • Property Type Multifamily, Retail, Mixed-Use
  • Sale Type Investment
  • Status Active
  • Created 03/19/21
  • Updated 07/06/21

About 46 & 40 Main Street, Griswold, CT 06351

For Sale well maintained 3 story 7,422sf building on a hard corner in Downtown Jewett City. Retail space on 1st floor; 6 apartments on 2nd + 3rd floors all with kitchen, living room and full BA. $3,500 monthly rental income / $1,200 owner’s expenses. Built 1920, updated 1969 and apartments totally redone in 1991. Zone Commercial. Total 0.30 acre with 110’ road frontage on Main Street and 100’ road frontage on Soule St. Public Water/Sewer. Oil heat 1st floor. Electric baseboard 2nd + 3rd floor. Natural Gas available in street; free connect. Assessed value $244,580. Taxes $7,973. For Sale $525,000. All apartments leased NNN. Three abutting lots also available.

PERMITTED USES: Mixed use with Multifamily on upper levels, Office, Personal Service, Hotel/Motel, Membership clubs, Repair Services, Restaurants, Retail, School, Place of worship...

BY SPECIAL PERMIT: Residences (1,2+ Multi Family, Elderly / Assisted Living, Automotive service & repair, Drive-in Restaurant, Car Sales...

DIRECTIONS: I-395 Exit 24. Go west on Route 201 about 2 miles. Continue onto E Main St. On right, corner of Soule St.

Building Details

  • Tenancy: Multitenant
  • Building Area (SF): 7,422
  • Year Built: 1920 - 1969
  • Number of Units: 7
  • Number of Stories: 3
  • Number of Buildings: 1
  • Building Class: B

Land Details

  • Parking Count: 20
  • Acreage: 0.30
  • Sewage System: Public Sewer
  • Water System: Public Water

Documents for 46 & 40 Main Street, Griswold, CT 06351

46 Main St BROCHURE not 3 Soule St lots.pdf

The Multifamily, Retail, Mixed-Use property at 46 & 40 Main Street, Griswold, CT 06351 is currently available for sale. Contact Jeff Brewer from Pequot Commercial for more information.