22
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$860,000
Est. payment /mo
48,700 SqFt
Active
106A Tripp Hollow Road Brooklyn, CT 06234
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 48,700 sqft
Price per Sqft $17
MLS Listing ID 24083672
Year Built 1950
Lot Size 23.500 Acres
Property Description
ATTENTION INVESTORS - HUGE OPPORTUNITY! 106A Tripp Hollow Rd, Brooklyn, CT Rare investment with cash flow + development upside on 23.5 acres in desirable Brooklyn, CT! Development Potential: Subdivide and build up to 7 new homes-ideal for a future residential community. Income-Producing Assets: * Small House - Currently rented (under market); can rent for $1,700/mo. * Two Massive Buildings - Approx. 26,000+ SF & 20,000+ SF. Great for storage, office, studio, or workshop space. * Immediate Lease Option - Seller will lease 25% of one building at $2,500/mo. Infrastructure: * Full electrical throughout both buildings * HVAC in 30% of the larger building * Metal roofs + structural report * Pest inspections complete * The smaller building (20ksf) has structural report (needs 3rd floor & roof repair - seller says if fixed, price is 950k) Projected Income: $25K+/mo with $1M in upgrades. ROI potential over $2M combining rental, commercial, and residential development value! Seller has an engineering report proposal for building 7 houses and utilizing building space is in the works. Don't miss this rare, high-upside opportunity in Eastern CT!
Location
State CT
County Windham
Zoning RA
Interior
Heating Hot Air
Cooling Central Air, Heat Pump
Exterior
Utilities Available Electric
Roof Type Asphalt Shingle
Building
Lot Description Corner Lot, Farm Land
Sewer Cesspool
Water Private Well
Listed by Anthony Chabot • Chabot & Associates Real Estate