Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    51 Sherman Hill Rd Woodbury, CT 06798

    Sponsored
    For Sale
    $195,000

    Three-unit rental, high visibility, strong income.

    Property size:
    2,176 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional investment opportunity presents a three-unit commercial condo located within the prestigious Cornerstone Professional Office Park in Woodbury, CT. The property, totaling 2,176 square feet, boasts a highly visible and easily accessible location within a contemporary complex of four buildings. Each building offers ample open parking, shared restrooms, and convenient elevator access. This specific condo unit features a shared entry corridor, with Unit C offering multiple entry/exit points. The sale includes all three units and cannot be divided. Unit A comprises 552 square feet, including a reception area, two offices, and one bathroom, currently leased for $1025 per month. Unit B offers 841 square feet, featuring a reception area, two offices, a kitchenette, a large storage closet, and one bathroom, currently leased for $1325 per month. Finally, Unit C, at 672 square feet, includes one office, a large open room, one bathroom, and has been recently remodeled, including new windows and a separate back entrance. It is currently leased for $1100 per month. All leases include heat, air conditioning, and water. Leases are subject to a $100 annual rent increase. The property's HOA fees are $868 per month, and Eversource utilities averaged $491 monthly in 2022. The property also benefits from a newer heat pump unit and some newer windows. This is a turnkey investment opportunity with stable, long-term tenants and strong rental income.

    Property Features for 51 Sherman Hill Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,176 SF

    Building Details

    Year Built
    1987
    Property Profile Location Intelligence

    Current Use by Public Records

    John Renzulli Social Worker David M Dressler ... Psychiatrist Sandra Valente Counselor FedEx Drop Box Mailing Service Christopher Spagnoletti Physical Therapist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Woodbury
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.1993
    Latitude
    41.5294

    Nearby Similar for Sale

    • $315,000
      Pending

      Spacious Duplex on Corner Lot

      Investment opportunity: duplex with rehab potential in desirable location.
      2 Linden Rd, Woodbury, CT 06798
      View Details
    • $898,000
      5,823 SF

      Iconic Mixed-Use Building For Sale

      Prime location, mixed-use property with commercial and residential rentals.
      289 Main St South, Woodbury, CT 06798
      View Details
    • $1,925,000

      Picturesque Farm with Modern Conveniences

      9.88-acre farm featuring fenced fields, barn, and updated home.
      819 Main St N, Woodbury, CT 06798
      View Details
    • $409,000

      Woodbury Multifamily Property with Units

      Multifamily property featuring three separate living spaces in Woodbury.
      298 Railtree Hill Rd, Woodbury, CT 06798
      View Details
    • $1,998,000

      Woodbury Estate with Equestrian Facilities

      Elegant country estate on 33.98 acres with equestrian amenities.
      225 Old Sherman Hill Rd, Woodbury, CT 06798
      View Details
    • $899,900

      Iconic Restaurant Opportunity For Sale

      Turnkey restaurant with residence, family-owned since the 1950s.
      670 Main St N, Woodbury, CT 06798
      View Details
    • $489,900

      Woodbury Specialty Property For Sale

      Specialty property available for purchase in Woodbury, Connecticut.
      15 Lynns Corner Rd, Woodbury, CT 06798
      View Details
    • $390,000

      Woodbury Specialty Property For Sale

      Specialty property available for purchase in Woodbury, Connecticut.
      43 Hoop Pole Hill Rd, Woodbury, CT 06798
      View Details
    • $799,000

      Woodbury Specialty Property For Sale

      Specialty property available for purchase in Woodbury, Connecticut.
      92 Minortown Rd, Woodbury, CT 06798
      View Details
    • $1,100,000

      Woodbury Specialty Property For Sale

      Specialty property available for purchase in Woodbury, Connecticut.
      45 North Northgate Rd, Woodbury, CT 06798
      View Details
    • $1,275,000

      Transylvania Rd, Woodbury, CT Property

      Property for sale at 373 Transylvania Rd, Woodbury, CT
      373 Transylvania Rd, Woodbury, CT 06798
      View Details
    • $499,000

      Woodbury Specialty Property For Sale

      Specialty property available for purchase in Woodbury, Connecticut.
      34 Transylvania Rd, Woodbury, CT 06798
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Three-unit rental, high visibility, strong income.
    Where is this commercial real estate located?
    The property is located at 51 Sherman Hill Rd Woodbury, CT.
    What is the asking price?
    The asking price for this property is $195,000.
    (203) 263-4336
    Request Owner's contact information
    51 Sherman Hill Rd Woodbury, CT 06798
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    51 Sherman Hill Rd
    Woodbury, CT 06798
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    51 Sherman Hill Rd Woodbury, CT 06798
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.