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1850 Silas Deane Hwy Rocky Hill, CT 06067

Sponsored
For Sale
$595,000

Fully Leased, High-Traffic Location

Property size:
7,500 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional investment opportunity presents a fully leased, two-story Class B office building condo at 1850 Silas Deane Highway in Rocky Hill, Connecticut. The 7,500 square foot building sits on a one-acre lot and boasts a prime location with excellent highway visibility and access from I-91, Exit 24, near a traffic light at the entrance to Kohl's. The property features monument signage and benefits from high daily traffic counts exceeding 20,000 vehicles. Currently housing four tenants with 100% occupancy, this stabilized investment offers a strong 8.00% cap rate and an approximate net operating income of $40,000. The building is comprised of four units, with available lease space of 1,600 and 1,900 square feet on the first floor, and 1,504 square feet on the second floor. Recent upgrades include HVAC improvements within the last three years and restroom renovations completed in 2012. The building was also renovated in 1998 and 2005. This is a rare opportunity to acquire a small, well-maintained investment property in an established retail and office corridor in Hartford County, with a gross lease structure and no tenant credit rating. The asking price is $595,000, translating to a price per square foot of $79.33. The property is zoned for commercial use.

Property Features for 1850 Silas Deane Hwy

General Information

Property type
Office Properties & Spaces
Square Feet
7,500 SF
Class
B
Lot Size
43,560 SF

Building Details

Stories
2
Units
4

HighLights

  • 7,500 SF Class B office building condo in Rocky Hill, CT.
  • 1,600 SF and 1,900 SF of first‑floor space available for lease; 1,504 SF of second‑floor space.
  • Excellent highway visibility and access from I‑91, Exit 24, near Kohl's.
  • Rare small investment opportunity in an established retail/office corridor.
  • High traffic count exceeding 20,000 vehicles daily.
  • Recently upgraded HVAC and restrooms; 100% occupancy with four tenants; approx. $40,000 NOI.
Property Profile Location Intelligence

Current Use by Public Records

AJC Insurance Insurance Agency Global Care Companion ... Home Health Care Service New England Personnel-Hartford Employment Agency Compass Engineering Group Engineer

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Rocky Hill
County
Hartford
State
Connecticut
Longitude
-72.6489327
Latitude
41.6764233

FAQs

What type of property is this?
Office Property / Space - Fully Leased, High-Traffic Location
Where is this office property / space located?
The property is located at 1850 Silas Deane Hwy Rocky Hill, CT.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 7,500 SF Class B office building condo in Rocky Hill, CT.; 1,600 SF and 1,900 SF of first-floor space available for lease; 1,504 SF of second-floor space.; Excellent highway visibility and access from I-91, Exit 24, near Kohl's.
More about this property
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