605 Main St Monroe, CT 06468

This exceptional 8,832 square foot, two-story commercial building located at 605 Main Street in Monroe, Connecticut, presents a compelling mixed-use investment opportunity. Currently configured as a ground floor retail space divided into three separate units, this property is poised for significant expansion and increased revenue generation. The first floor offers versatile retail space ideal for a variety of businesses, benefiting from high visibility and convenient street access. The second floor provides a large, open space currently equipped with two half-baths. Pending mixed-use approval, this upper level has the potential to be converted into four one-bedroom apartments, significantly enhancing the property's income stream and overall value. Situated on a 1.08-acre lot, this property offers ample space and potential for future development or expansion. The building's prime location on Main Street in Monroe ensures high traffic and visibility, attracting a diverse customer base. This is a rare opportunity to acquire a well-located commercial property with significant upside potential, combining immediate income generation with the possibility of substantial long-term growth through the addition of residential units. The property is currently awaiting mixed-use approval, which will unlock its full potential as a thriving mixed-use development. This is an ideal investment for those seeking a blend of commercial and residential income streams in a desirable Connecticut location.