regions commercial llc exclusively presents 926 …...926 w. main st. is a three-story 3-unit...

R EGIONS C OMMERCIAL , LLC EXCLUSIVELY PRESENTS : 926 W. Main St. & 29 Henry St. Waterbury, CT 06708 Michael Guidicelli, CCIM, SIOR Regions Commercial, LLC Phone: 860.854.6500 E-mail: [email protected] FOR SALE : $650,000 Cap Rate: 8.88% plus annual rent increases Building Size: ±3,649 + 1,846 SF Water: City Land Size: .21 + .06 AC Sewer: City Constructed/Renovated: 2016 Parking: Dedicated Zoning: RO/RM Heat: Natural Gas AC: Central Air Roof: Asphalt Shingles • Property consists of two contiguous apartment buildings—926 W. Main and 29 Henry St.. 926 W. Main St. is a three-story 3-unit apartment with 2-bedrooms on each floor and an office on the lower level. 29 Henry St. is a two-story 2-unit apartment with 2-bedrooms on each floor • 926 W. Main has undergone a complete renovation including new roof, windows, siding, HVAC, electrical, plumbing, framing, kitchens, bathrooms, flooring, parking lot and exterior grounds 3 years ago. • 29 Henry St. has undergone complete interior renovations 3 years ago. • Properties have been leased to a well-established non-profit on a 7-year lease (3.5 years in) with a 7- year option to renew. • Located at the intersection of W. Main St., Highland Ave. and Rt. 8. Easily accessible from I-84, Highland Ave. exit, directly on a bus route. • Approximately 30,000 SF Professional Office/Medical building directly across the street are owned by this same owner, known as Russell Place, formerly Russell School and converted to office space (property also consists of 927 & 935 W. Main St., 11 & 15 Wilson St. which consist of dedicated parking lots for this building) are available for purchase at $1,850,000 at a 9.23% cap rate. Informaon is from sources deemed to be reliable but not guaranteed

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REGIONS COMMERCIAL , LLC EXCLUSIVELY PRESENTS :

926 W. Main St. & 29 Henry St. Waterbury, CT 06708

Michael Guidicelli, CCIM, SIOR

Regions Commercial, LLC

Phone: 860.854.6500

E-mail:

[email protected]

FOR SALE : $650,000 Cap Rate: 8.88% plus annual rent increases

Building Size: ±3,649 + 1,846 SF Water: City Land Size: .21 + .06 AC Sewer: City Constructed/Renovated: 2016 Parking: Dedicated Zoning: RO/RM Heat: Natural Gas AC: Central Air Roof: Asphalt Shingles

• Property consists of two contiguous apartment buildings—926 W. Main and 29 Henry St.. 926 W. Main St. is a three-story 3-unit apartment with 2-bedrooms on each floor and an office on the lower level. 29 Henry St. is a two-story 2-unit apartment with 2-bedrooms on each floor

• 926 W. Main has undergone a complete renovation including new roof, windows, siding, HVAC, electrical, plumbing, framing, kitchens, bathrooms, flooring, parking lot and exterior grounds 3 years ago.

• 29 Henry St. has undergone complete interior renovations 3 years ago.

• Properties have been leased to a well-established non-profit on a 7-year lease (3.5 years in) with a 7-year option to renew.

• Located at the intersection of W. Main St., Highland Ave. and Rt. 8. Easily accessible from I-84, Highland Ave. exit, directly on a bus route.

• Approximately 30,000 SF Professional Office/Medical building directly across the street are owned by this same owner, known as Russell Place, formerly Russell School and converted to office space (property also consists of 927 & 935 W. Main St., 11 & 15 Wilson St. which consist of dedicated parking lots for this building) are available for purchase at $1,850,000 at a 9.23% cap rate.

Information is from sources deemed to be reliable but not guaranteed