14 Park Street Thomaston, CT $ 650,000
14 Park Street
$ 650,000
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14 Park Street

Thomaston, CT, 06787
$ 650,000
Baths0.0 Sq 13,093

Monthly Estimate*

$ 4,320

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Studio

Commercial Property for sale in Thomaston, CT

for $650,000. This 13,093 square foot building was built in 1900 on a lot size of 1.05.

Great Investment opportunity to start your own portfolio with your very own strip mall! OWNER FINANCING AVAILABLE AT 5% INTEREST RATE, (below current market rates), IF ALL OTHER TERMS ARE SUCCESSFULLY NEGOTIATED! Located in Historic Downtown Thomaston, this property's tenants currently include: Day Care Center, Salon, Church, Office & Carpet business. Fully occupied! All rents up to date. 3 Units with leases increase 3% each year. Remaining 2 units have: 1 Unit - 6 month lease (Apr - Nov) & 1 unit is month to month! New roof in 2022. A portion of the Parking lot was once approved to put another building on it, possibility to be approved again, check with the Town. Building & front of parking lot ONLY included at this price. Full Parking Lot could be included, depending on offer terms. See Financials in attachments. Building offers Central Air, Gas Heat & Seperate HW Heaters, Owner's meter. Just step right in and take over. Please do NOT approach tenants, all appointments to be scheduled through ShowingTime with 24 hours notice. Listing agent must be present for all showings.

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Commercial Active

Price

$ 650,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Commercial For Sale

Lot Size

1.05

Year Built

1900

Town/City

Thomaston

MLS | Web ID

170624614

Features
General
Exterior Features Sidewalk Gutters
Zoning GC
Year Built 1900
Neighborhood N/A
Heater Type Hot Air
County Litchfield
Present Use Church Retail Salon Day Care
Tax Year July 2023-June 2024
Location Downtown Historic Area Strip Mall
Net Operating Income 35485
Property Type Commercial For Sale
Status Active
Acres 1.05
Directions GPS Friendly. Building behind Patti's Place. Park in parking lot or on street
City Thomaston
Street Name Park
Sq Ft Total 13093
DOM 84
Video Tour Y/N 0
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Interior
Cooling System Central Air
Utilities Available Electric Gas
Total Number of Units 5
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Exterior
Water Source Public Water Connected
Lot Description Level Lot
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Internal Only
Street Number 1 14
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* Excluded Features
List By
Dawn Rousseau

Listing Agent

Showcase Realty, Inc.

Broker

teamrousseauhomes@showcasect.com

Email

Affordability Calculator

$4,320
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,320
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
899581 Elementary School
895635 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/2/2024$650,000 -7.14% Price Down
2/14/2024$700,000 Listed Price

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14 Park Street, Thomaston, CT, 06787 is a Commercial Property for sale at $650,000 with 13,093 sqft and a lot size of 1.05. 14 Park Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 06787 which is in Thomaston, CT