Back 2 Route 7
Off Market

2 Route 7

Litchfield County CT 06754

1
2
3029 sq. ft.
0.6 ac.
Single-Family
Last sold for $508,500
Liza ReissLiza Reiss, last sold this property on 22 September 2023 after 64 days on market.

Overview

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. Any potential use should be discussed with Sharon Building and Zoning

Features

1 bedroom
2 bathrooms
3029 sq. ft. floor area
0.6 ac. lot size
Single-Family

Estimated Value

We need at least 3 similar 1 bedroom single-family properties sold in Litchfield County over the last 12 months.

Property history for 2 Route 7

2023
Sold
$508,500
22 Sep 2023 by Liza Reiss, of Elyse Harney Real Estate
2020
Rented
Undisclosed
04 Mar 2020 by William Pitt Sotheby's Int'l

Happy sellers in Litchfield County

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Local market activity for 1 bedroom single-family properties in Litchfield County

In the last 12 months, 1 one-bedroom single-family similar to 2 Route 7, have been sold.

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