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Listed by:

Kensington Company

Highly Visible Prime Corner Development Property In CT For Sale

Middlesex County, Connecticut, US
Asking Price:
$4,000,000
Sales Revenue:
$3,000,000
Cash Flow:
$220,000

2.5+ acres of prime, corner mixed-use property with approved plans for a gas station and large C-store. This highly visible property, with over 125 feet of frontage on a main road, is an investor or end user’s dream come true. Multiple revenue streams with added bonus of huge development opportunities. Collect rent from 5 residential apartment units as well as 2 retail stores. In addition to the approved gas station plans, additional development opportunities exist for retail or storage rental units. The property includes an easy to operate retail business currently generating approximately $1m in revenue, and can be kept as a side business, or sell the business and collect the rent. Very rare and unique opportunity to acquire a mixed-use property with approved gas station plans and additional revenue producing development opportunities. Please refer to listing number 15528 when inquiring about this opportunity.

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Real Property Included