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Property profile & analytics
OFF-MARKET
Commercial real estate

567 202 Waterford, CT 06385

1,008 SF Built 1985
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1985
Total area 1,008 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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