1225 Thomaston Avenue, Waterbury, CT

Retail for Sale - $765,000 - 6,615 Sq. Ft. on 0.67 acres

Angel Commercial, L.L.C.

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Agent Info

NameJon Angel, President
CompanyAngel Commercial, L.L.C.

Property Info

CIMLS #780725
Location1225 Thomaston Avenue
Waterbury CT 06704
Last UpdatedApril 23rd, 2018
TypeRetail
Price$765,000
Building6,615 Sq. Ft.
Land0.67 acres

Contact


Property Description

Retail building with 6,615 RSF on 0.67 acres. CAP rate is 8% and the NOI for 2014-2015 is $61,200 with scheduled increases. Corporate Guarantee Fortune 500 Company PPG Industries (NYSE: PPG) acquired Painter's Supply in June 2014. Neighbors include Waterville Recreation Center, All Star Maytag Home Appliance Center, Brass City Automotive and Paba's Restaurant. Located under 1 mile from Route 8, Exit 36.


Financials

INVESTMENT OPPORTUNITY WITH A FORTUNE 500 COMPANY TENANT FOR SALE IN WATERBURY, CT AT $765,000. Part of a five property portfolio in Connecticut and Massachusetts. For additional information visit our website at: www.angelcommercial.com.


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