189-201 Marlborough, Portland, CT 06480

$1,275,000
  • 189-201 Marlborough, Portland, CT 06480 Main Photo

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Active
SQUARE FEET8,000 MLS#24185553
STATUSActive PROPERTY TYPECommercial - Business

Property 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.

189-201 Marlborough | MLS# 24185553

This commercial property located at 189-201 Marlborough, Portland, CT 06480 is currently listed for sale with an asking price of $1,275,000. Search Portland real estate on www.coldwellbankerchoice.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air
Heating: Gas on Gas
Lot Size: 0.61 Acres
Taxes: $11,468
Year Built: 1947

Feature Descriptions

Days on Site: 36
Lot: N/A
Road Type: State Road
Sewer: Public Sewer Connected
Units: 3
Utility Features: Electric, Gas, Telephone, Cable
Water: Public Water In Street

Listed By / Shown By

Listing By

Agency Name: Oxford Realty
Agent Name: Shayann Vaezzadeh

Shown By

Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)

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