544 Main St Cromwell, CT 06416
- Commercial real estate
- 4,617 SF
- 0.18 lot acres
Current Use by Public Records
- China Dragon / Chinese Restaurant
- Keith Sipes Photography / Portrait Studio
Property Details for 544 Main St
- Year built
- 1954
- Lot size
- 0.18 lot acres
- Property size
- 4,617 SF
- Property type
- Commercial real estate
Description
This exceptional 4,617 square foot commercial building at 544 Main Street, Cromwell, CT, presents a prime investment opportunity. Situated on a 0.18-acre lot, just blocks from TPC, this versatile property boasts three units. The ground floor houses two thriving retail spaces currently leased to a Chinese restaurant and a smoke shop, generating consistent rental income. The recently remodeled second floor offers eight private office spaces, ideal for a variety of businesses. These offices feature fresh paint and new luxury LifeProof vinyl flooring, creating a modern and attractive workspace. The building's split utility system provides added convenience for both tenants and the owner. This property is perfectly suited for investors seeking a strong return on investment or owner-operators looking to expand their business into a high-demand area of Cromwell. The combination of established retail tenants and the potential for additional income from the office spaces makes this a truly unique opportunity. The property's location, close proximity to TPC, and its modern updates contribute to its high desirability. This is a rare chance to acquire a well-maintained, income-producing commercial building in a thriving Connecticut town. The asking price is $649,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cromwell
- County
- Middlesex
- State
- Connecticut
- Longitude
- -72.6536
- Latitude
- 41.6184
