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

$699,900 $94.30 / SF
46 Main Street, Griswold, CT 06351

For Sale Details

$699,900
$94.30 / SF
  • Property Type Multifamily, Retail, Mixed-Use
  • Sale Type Investment
  • Status Expired
  • Created 03/19/21
  • Updated 05/20/22

About 46 Main Street, Griswold, CT 06351

For Sale well maintained 3 story 7,422sf building on a hard corner with active hardware business and six rental apartments, all occupied. Built 1920, updated 1969 and apartments totally redone in 1991. The building footprint is 3,680sf; the paved parking footprint is 6,000sf. Unpaved parking is 30,380sf. Zone Commercial. Total 0.89 acre with 110’ road frontage on Main Street and 250’ road frontage on Soule St. Public Water/Sewer. Oil steam heat. Natural Gas available in street; free connect. Assessed value $323,050. Taxes $10,531. For Sale $699,900. All apartments leased NNN. Rent roll is $3,500 per month+/-. Normal monthly landlord costs including taxes is $1,200+/-.

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: 0.89
  • Sewage System: Public Sewer
  • Water System: Public Water

Documents for 46 Main Street, Griswold, CT 06351

46 Main St BROCHURE.pdf

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