$2,295,000
Active444 Foxon Road
East Haven, Connecticut, 06513 · New Haven County
0
Beds
12
Baths
20,971
Sq Ft
1982
Built
MLS # 24158386
Price / Sq Ft
$109
Property Type
Commercial For Sale
Lot Size
2.14
Class
Property
About This Property
Incredible Investment opportunity to own three buildings on one large 2.16 acre lot on Route 80 in East Haven with a huge upside potential. The first building consist of a 16,570 SQ FT office building with 3 excellent long term tenants and one 1000 SQ FT office space currently vacant. The rents for the building are currently $7000 (leased until 2026), $3181 (leased until 2028) and $1800 (Month to month). The second building is located at 430 Foxon RD which is a free standing building with 1950 SQ FT leased for $4191 per month until 2027 to a bank with a long term NNN lease (Paying 37% of the taxes on the property). The bank has a second three year option until 2030 at $4,400 and is currently in negotiation to resign for an additional 10 years. The third building is a 2424 SQ FT single family house with 5 bedrooms and 1.5 baths currently leased at a very below market rent at $1800 per month. The complex has ample off street parking for ~ 40 cars. This Investment opportunity will not last long!
Property Details
444 Foxon Road, East Haven Connecticut 06513 — Commercial For Sale listed at $2,295,000.
At a Glance
0
Bedrooms
12
Bathrooms
20,971
Sq Ft
2.14
Lot Size
--
Garage
1982
Year Built
The Details
Property Details
Property Features
Other Details
Financial
All Photos (36)
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This listing is +678% vs the East Haven median. Verify against same-school-district comps before competing offers.
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$2,295,000
Listing Agent
John Hill
Seabury Hill REALTORS