About This Home

This 0-bedroom, 17-bathroom commercial at 60 Boston Post Road in Madison, CT is listed for $2,399,000 ($358 per sqft). Built in 1812, the home offers 6,705 sqft of living space on a 1.91 acres lot.

Key Features

  • Built in 1812
  • 1.91 acre lot
  • 2 stories
  • 20 parking spaces

Property Details

2 stories
10 full, 7 half
20 spaces
1812
Listing Description

Commercial Real Estate Investors take notice! Discover an exceptional investment opportunity with this newly remodeled mixed-use commercial property, ideally situated on 1.91 acres along the bustling Boston Post Road in Madison, CT. Boasting an impressive 597 sq/ft of road frontage, this prime location ensures high visibility and accessibility.

Currently, the property is 90% rented and the mixed-use building includes, 9 One Bedroom Motel Rooms, 1 fully equipped apartment with full kitchen, living/dinning room and one bedroom with 1.5 baths. Additionally this building offers 4 office and 4 retail spaces.

Owners have recently replaced entire roof, electric, and remodeled most rooms. With 1.91 acres of versatile land, there is ample opportunity to expand the current motel operations or explore new ventures. Whether you envision additional lodging facilities, retail expansions, or innovative commercial enterprises, this property provides the foundation for unlimited potential. Do not miss this unique opportunity to enhance your portfolio.

Monthly Cost Estimate

$12,830/mo

20% down · 6.5% · 30 years

Principal$1,735
Interest$10,396
Insurance$700

Estimates only. Actual payments may vary.

Location

60 Boston Post Road

Madison, CT 06443

Features & Amenities

Exterior Features

Storage Building,Gutters,Lighting

Property Details

Cooling

Window Unit(s)Heat PumpWall Unit(s)

Questions & Answers

This 0-bedroom, 17-bathroom commercial at 60 Boston Post Road is listed at $2,399,000 ($358/sqft). The estimated monthly payment is $12,831 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1812, 1.91 acre lot, 2 stories, 20 parking spaces. Exterior Features: Storage Building,Gutters,Lighting.

This property is listed by Cheryl Cook.

CC

Cheryl Cook

Agent at RE/MAX VALLEY SHORE

Listed by RE/MAX VALLEY SHORE · Broker phone: (860) 388-1228

MLS# 24035715· Source: SmartMLS, Inc.· 822 days on PropertySimple

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60 Boston Post Road, Madison, CT 06443

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