Property summary
This exceptional investment opportunity presents a newly remodeled mixed-use commercial property ideally located on a 1.91-acre lot along the high-traffic Boston Post Road in Madison, Connecticut. The property boasts 6,705 square feet of space and offers significant road frontage, ensuring high visibility and accessibility for businesses. Currently, the property enjoys 90% occupancy. The building comprises nine one-bedroom motel rooms, a fully equipped one-bedroom apartment with a full kitchen, living/dining room, and 1.5 bathrooms. In addition, there are four office spaces and four retail spaces available. Recent significant improvements include a completely new roof and electrical system, along with extensive remodeling of most rooms. The expansive 1.91-acre lot provides ample room for future expansion, allowing for the potential addition of more lodging units, retail space, or other commercial ventures. This property offers a solid foundation for a diverse range of business opportunities and represents a compelling investment prospect for those seeking a high-return, mixed-use asset in a desirable location. The combination of existing income and expansion potential makes this a truly unique opportunity.
Property profile
VerifiedCap rate & NOI
Current use
-
Hospital
-
Alternative Medicine Practice Spa & Massage Center
-
Hotel & Motel
-
Counselor
-
Physician
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C · Madison, CTZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C in Madison, CT.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.