Property Listing No Longer Available for Sale

750 Straits Turnpike, Middlebury, CT

Retail for Sale - $5,450,000 - 1 acres


Property Info

CIMLS#1132342
Location
  750 Straits Turnpike
  Middlebury CT 06762
UpdatedNovember 25th, 2022
TypeRetail
Price$5,450,000
Land1 acres

Property Description

This well-located complex consists of a profitable gas station, C-store & office building with commercial store fronts. Gas station is major brand without supply agreement. Station was completely renovated in 2014 including tanks and dispensers. Station performs very well generating an average annual gross fuel profit of $451,834 over last five years. Take possession of the gas station & store for maximum profitability or lease the station to a NNN operator for a nearly passive stream of income. Modern office building has 12 units. Gross rental income averages $305,859 annually over last five years. No deferred maintenance on this property. AGENTS: YOU MUST FILE THE NDA AND "AGREEMENT TO SEE PROPERTY" WITH LISTING AGENT PRIOR TO ALLOWING YOUR BUYER TO VISIT SITE. DISCRETION IS VERY IMPORTANT.


Financials



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