For Sale

Listed by Connor Wenchell

Source: SmartMLS Connecticut #24095526

156 Main Street, Deep River Center, CT, 06417

$695,000

2
2
5460 sq. ft.
0.2 ac.

MultiFam

30+ days on the market

What's around 156 Main Street

About this property

The walkability and quintessential New England charm of this downtown strip are all important considerations for small business owners and tourists alike. This is a rare opportunity to acquire a stabilized retail asset with recent CAP ex renovations on Main Street in Deep River. Inside the past 5 years the owner has replaced the entire roof, upgraded the electrical service and replaced all of the furnaces. Upon leasing up the existing units along with the 800sqft space in the rear of the building, this property will appraise north of $1M. For well qualified buyers we project an 80% LTV for the commercial bridge loan product.

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