Map
Listed price in listed location currency (USD).
$1,200,000

010

MLS® 24185553

Overview

Key Facts

Type Other
Levels Commercial Lease
Size -
Garage No
Date Available 
Days Active 0
Approx. Age 1947
MLS® Number 24185553

Property Address: 201-189-201 Marlborough St, Portland, CT, 06480-1894

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

Description

Three-building mixed-use income property on high-traffic Route 66 in Portland's prime B-2 commercial corridor. Currently occupied by two national tenants - Subway Restaurant (197 Marlborough) and State Farm Insurance (201 Marlborough, ground floor) - plus a residential dwelling (189 Marlborough) . All active leases are gross with tenants paying their own utilities, delivering a clean, low-expense income stream. Current NOI: $82, 757 | Cap Rate: 6.9% at ask.
MLS® Number24185553
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1947
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatGas on Gas
A/CCentral Air

Extras

Map

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