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Listed price in listed location currency (USD).
$999,900

000

MLS® 24204820

Overview

Key Facts

Type 
Levels Commercial Lease
Size -
Garage 
Date Available 
Days Active 0
Lot Size 2.6 Acres
Approx. Age 1870
MLS® Number 24204820

Property Address: 19 S Walnut Street, Plainfield, CT, 06374

Average square foot calculated using Size range provided by listing agent.

Description

Rare Industrial/Commercial Owner-User & Investment Opportunity in Wauregan! This versatile property offers approximately 9, 600 square feet of main-level gross rentable area, an additional approximately 9, 600 square feet of usable below-grade space, 2.6 acres, substantial paved parking, and potential for future expansion. The main level is currently configured with four separate spaces-two rental spaces and two office spaces. The property is owner occupied, while the other three units/spaces are currently leased at below-market rents, providing an attractive opportunity for a new owner to increase rental income over time as leases are renewed or restructured. The approximately 9, 600-square-foot lower level provides an exceptional amount of additional usable space and is currently utilized for warehouse/storage purposes. Accessible by an overhead door and offering approximately 6.5 feet of headroom, this area could be ideal for warehouse storage, inventory, equipment, or potentially climate-controlled storage units, subject to zoning, building requirements, and applicable approvals. Situated on approximately 2.6 acres and zoned Industrial, the property also offers potential for the construction of an additional structure, providing an exciting opportunity for future expansion and increased value. The property features extensive paved parking and enjoys good visibility from Route 205., Whether you're an investor looking for a property with below-market existing rents and upside potential, an owner-user seeking to occupy space while generating rental income from the remaining areas, or a business looking for additional warehouse/storage capacity and room to expand, this property offers tremendous flexibility.
MLS® Number24204820
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1870
Basement
Driveway
Garage Spaces
HeatElectric, Hot Air
A/CDuctless

Extras

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