Property Listing No Longer Available for Sale

56 Middlesex Turnpike, Chester, CT

Retail for Sale - $833,000 - 6,348 Sq. Ft. on 71 acres


Property Info

CIMLS#872721
Location
  56 Middlesex Turnpike
  Chester CT 06412
UpdatedJune 13th, 2017
TypeRetail
Price$833,000
Building6,348 Sq. Ft.
Land71 acres

Property Description

Formerly Organon: A Market at Chester. R-1/2. 2 Stories. Totally renovated in 2013. High visibility on Route 154. Taxes: $6,006. Geothermal HVAC. Solar hot water heater. Public water & sewer. 18 Parking spaces. Seller financing available. LP Propane gas tank. Phase I Environmental Report available.

PURCHASE: $833,000 Real Estate, Personal Property, Business Equipment

1. Lease with Purchase Option of Real Estate.

Years 1 3: $44,000/Yr. NNN. Years 4 5: $55,000/Yr. NNN

2. Two 5 year option Years 6 10: $60,000/Yr. NNN

Years 11 15: $66,550/Yr. NNN

3. Lease with Personal Property/

Business Equipment

$125,000 for all property with option to purchase real estate @ $700,000 during 1st 5 years. Thereafer, 1st right of refusal


Financials

Lease with Purchase Option of Real Estate - Years 1 - 3: $44,000/Yr. NNN



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