Remodeled Mixed-Use Commercial
For Sale
$2,500,000
Pending
60 Boston Post Road, Madison, CT 06443
Remodeled mixed-use property on Boston Post Road, Madison, CT.
Property Size6,705 SF
Lot Size1.91 Acres
Days on Market741
Property Features for 60 Boston Post Road
General Information
Standard status
Pending
Size
6,705 SF
Lot size
1.91 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$14,979
Amenities
Central air
Asphalt Shingle Roof
Ceiling Fans Cooling
Cleared
Dry
Gutters
Heat Pump Cooling
Hot Air Heating
Level Lot
Lighting
Off Street Parking
Parking Lot
Storage Building
Wall Unit Cooling
Window Unit Cooling
Building Details
Year Built
1812
Listing Agency:
Re/Max Valley Shore
(860) 388-1228
Listed By:
CHERYL COOK · License #RES.0773237
Source:
Corcoran
Added: Jul 29, 2024
Changed: Aug 8
Last Checked: Aug 8 at 12:05PM
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 Re/Max Valley Shore
Investment Insights
Based on property information with market context.
This newly remodeled mixed-use commercial property is situated on 1.91 acres along Boston Post Road in Madison, CT, offering an investment opportunity. The property features 597 sq/ft of road frontage, ensuring high visibility and accessibility. The mixed-use building is currently 90% rented and includes 9 one-bedroom motel rooms, 1 fully equipped apartment with a full kitchen, living/dining room, one bedroom, and 1.5 baths. Additionally, the building offers 4 office spaces and 4 retail spaces. Recent renovations include a replaced roof and electric system, along with remodeled rooms. The 1.91 acres of land allows for potential expansion of the current motel operations or new commercial ventures. The property is suitable for additional lodging facilities, retail expansions, or other commercial enterprises.
Key Highlights
- High‑visibility location with 597 sq/ft of frontage on Boston Post Road
- Newly remodeled mixed‑use commercial property
- Significant income potential with 90% rental occupancy
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
196
Businesses Nearby
Explore this area
Business Placement
Demographics for 06443, CT
17,713
Population
8,020
Households
2.2
Avg Household Size
51
Median Age
72%
College-Educated
99%
High-School Grad
36.2 sq mi
ZIP Area
489
Density / Sq Mi
$168,341
Median Household Income
$75,313
Median Earnings
$2,046
Median Rent
$534,800
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?
Mixed-use property - Remodeled mixed-use property on Boston Post Road, Madison, CT.
Where is this mixed-use property located?
The property is located at 60 Boston Post Road Madison, CT.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: High‑visibility location with 597 sq/ft of frontage on Boston Post Road; Newly remodeled mixed‑use commercial property; Significant income potential with 90% rental occupancy
