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51 Sherman Hill Rd Woodbury, CT 06798

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For Sale
$195,000

Three-unit rental, high visibility, strong income.

Property size:
2,176 SF

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

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Listing Contact
Mary Ann Bennett

Listing Agency: Drakeley Real Estate, Inc. Listing Agent: Mary Ann Bennett

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

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 Profile Insight Report Location Intelligence

Current Use by Public Records

John Renzulli Foster Care Service David M Dressler ... Physician Sandra Valente Counselor FedEx Drop Box Postal Service Christopher Spagnoletti Physician

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

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.
More about this property
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