Courtesy of: Cynthia Rodriguez, The Property Shop CT, crod911@gmail.com
Courtesy of: Cynthia Rodriguez, The Property Shop CT, crod911@gmail.com
$1,299,500
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10,084 square feet
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2.00 Bath (2 Full)
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Lot: 0.36 Acres
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Other
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$1,299,500
453 New Park Avenue Excellent Investment Opportunity!!! Acquire a 10, 000 square foot, fully-leased warehouse with the benefit of immediate cash flow from an established tenant under a 5-year lease already in place. This is an excellent opportunity for investors seeking a stable income-producing asset with additional upside potential. The property's layout and configuration may provide the opportunity to add a second floor, creating additional leasable space and increasing future rental income, subject to municipal approvals, zoning requirements, and all necessary permits. Investment Highlights: - 10, 000 SF warehouse 5-year lease in place providing immediate rental income - Low-maintenance investment opportunity. - Potential value-add by expanding with a second floor (subject to approvals). - Opportunity to increase cash flow and long-term asset value. - Ideal for investors seeking both current income and future appreciation. Whether you're looking to diversify your portfolio or acquire a value-add commercial asset, this warehouse offers the rare combination of immediate income and future expansion potential. 5 year lease - flexible - clause protects owner to change lease.
Courtesy of: Cynthia Rodriguez, The Property Shop CT, crod911@gmail.com
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