567 202 Waterford, CT 06385
This exceptional 1,008-square-foot office condo, situated in the Waterford Professional Complex, presents a fantastic investment opportunity. Located just off I-95, this property boasts convenient access and ample parking. The unit itself is in move-in condition and features five individual offices, each equipped with ceiling fans and soundproofing for optimal comfort and privacy. A welcoming waiting room and a half bathroom complete the interior. Approximately 300 square feet of additional storage space is available in the building's basement. The building includes an elevator for easy access to all floors. The monthly condo fee is $440. The asking price for this turnkey property is $85,000. The layout lends itself well to leasing individual offices, offering significant potential for rental income and a strong return on investment. Furniture is available for purchase, making this an even more attractive proposition for a seamless transition. Don't miss this chance to acquire a well-maintained, conveniently located commercial property with high earning potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.