For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
The Largest CRE Database in the US with Over 1 Million Listings

189 Middlesex Ave Chester, CT 06412

View on Map
Loading data...
Loading data...
Loading data...
For Sale
$4,695,000

Mixed-use property in Chester, CT with retail, office, residential spaces.

Lot size:
3.02 Acres

Property Features for 189 Middlesex Ave

General Information

Property type
Commercial
Standard status
Active
Lot size
3.02 Acres

Building Details

Year built
1986

We can help!

Listing Contact
Stephen Press
Stephen Press
Source: Elliman

Listing Agency: Press/Cuozzo Realtors Listing Agent: Stephen Press

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

Learn more


Overview

Fully Leased Chester Mixed-Use Property

Located in Chester, Connecticut, the mixed-use property at 189-191 Middlesex Avenue offers an investment opportunity. The 21,905 square foot complex, built in 1986, is situated on a 3.02-acre lot within a commercial zone (C). The property is fully leased with a mix of retail, office, and residential spaces, occupied by established long-term tenants. The property benefits from high visibility on a well-trafficked state road and ample on-site parking. The location provides convenient access to Route 9 and Exit 3 on Route 154, with proximity to Chester Village, a hub for dining, shopping, and scenic attractions. The property has been well-maintained by the current ownership for 19 years. Projected 2025 Net Operating Income (NOI) is $378,000, with significant annual increases and pass-through for operating expenses.
Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Real Estate Agency Restaurant Law Firm Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Big Box & Wholesale Store Accounting Firm

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

Location Insight

  • Map
  • Local Demand
City
Chester
County
Middlesex
State
Connecticut
Longitude
-72.444005
Latitude
41.418851

FAQs

What type of property is this?
Mixed-use property - Mixed-use property in Chester, CT with retail, office, residential spaces.
Where is this mixed-use property located?
The property is located at 189 Middlesex Ave Chester, CT.
What is the asking price?
The asking price for this property is $4,695,000.
What are key features of this property?
This property features: - Fully leased mixed-use property with established tenants, ensuring stable and consistent revenue.; - Projected 2025 Net Operating Income (NOI) of $378,000, indicating strong financials.; - Significant annual increases and pass-through for operating expenses, enhancing profitability.
More about this property
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