Fully Leased Office Investment
For Sale
$1,300,000
Pending
388 Main Street, Monroe, CT 06468
Income-producing office property in Monroe's thriving business district.
Property Size11,867 SF
Lot Size0.62 Acres
Days on Market279
Property Features for 388 Main Street
General Information
Standard status
Pending
Size
11,867 SF
Lot size
0.62 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$13,799
Amenities
Central air
Asphalt Shingle Roof
Corner Lot
Central Air Cooling
Hot Air Heating
Building Details
Year Built
1988
Listing Agency:
Hodson Realty, Inc.
(203) 268-7743
Listed By:
STEPHEN HODSON · License #REB.0756918
Source:
Corcoran
Added: Nov 25, 2025
Changed: Aug 8
Last Checked: Aug 3 at 7:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hodson Realty, Inc.
Investment Insights
Based on property information with market context.
This fully occupied, income-producing office property is located in the heart of Monroe's thriving business district. Situated on a busy section of Main Street, the property benefits from high visibility and strong traffic exposure, with approximately 19,000 cars passing by daily. The property is fully leased to seven established tenants, providing a diverse and balanced rent roll. Multiple improvements have been made to the facility. The location on Monroe's Main Street corridor is one of the area's busiest commercial routes. The property offers stable occupancy and a varied tenant mix, creating dependable income. The estimated annual income is $195,000. The property size is 11,867 square feet. The annual taxes are $13,799.
Key Highlights
- Fully leased with seven established tenants, providing a diverse and balanced rent roll.
- Located on Monroe's Main Street with high visibility and strong traffic exposure (19,000 cars per day).
- Estimated annual income of $195,000.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
Explore this area
Business Placement
Demographics for 06468, CT
18,825
Population
6,573
Households
2.9
Avg Household Size
44
Median Age
58%
College-Educated
97%
High-School Grad
26.1 sq mi
ZIP Area
721
Density / Sq Mi
$156,731
Median Household Income
$71,530
Median Earnings
$1,466
Median Rent
$477,000
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Income-producing office property in Monroe's thriving business district.
Where is this office building located?
The property is located at 388 Main Street Monroe, CT.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Fully leased with seven established tenants, providing a diverse and balanced rent roll.; Located on Monroe's Main Street with **high visibility** and strong traffic exposure (19,000 cars per day).; Estimated annual income of $195,000.
