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2 Main St Sprague, CT 06330

Sponsored
For Sale
$325,000

USPS-Leased, High-Return Investment

Property size:
2,268 SF

Description

Added:
Feb 3, 2025
Days on Market:
338
This exceptional single-story brick commercial building, situated at 2 Main Street in Sprague, Connecticut, presents a compelling investment opportunity. Spanning 2,268 square feet, the property sits on a sizable 0.78-acre lot, providing ample off-street parking for approximately ten vehicles. The building's prime location on Main Street in the Baltic area ensures high visibility and accessibility. A significant advantage is the long-term lease currently in place with the United States Postal Service. This lease extends until 2029, with two additional five-year renewal options, potentially securing rental income until 2039. This provides exceptional stability and predictability for investors seeking a low-risk, high-yield asset. The building's sturdy brick construction ensures durability and low maintenance costs. The substantial lot size offers potential for future expansion or development, adding further value to this already attractive investment. Given the strong tenant and the extended lease terms, this property represents a rare opportunity to acquire a stable, income-generating commercial asset in a desirable location. The asking price of $325,000 reflects the exceptional value and potential of this property. Serious inquiries are encouraged.

Property Features for 2 Main St

General Information

Property type
Other commercial real estate
Square Feet
2,268 SF
Lot Size
33,977 SF

Building Details

Year Built
1964

Property Profile Location Intelligence

Current Use by Public Records

Baltic Wine & Spirits Liquor Store United States Postal ... Post Office FAST-MAT LAUNDROMAT Laundromat

Suggested Use

Restaurant Building Supply Wholesale Shop Auto Repair Shop Clothing Store Auto Parts Store Gym & Fitness HVAC Service Furniture Store Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Sprague
County
New London
State
Connecticut
Longitude
-72.08486
Latitude
41.61662

FAQs

What type of property is this?
Commercial real estate - USPS-Leased, High-Return Investment
Where is this commercial real estate located?
The property is located at 2 Main St Sprague, CT.
What is the asking price?
The asking price for this property is $325,000.
More about this property
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