240 Meriden Road
Property Description
Former Keene Medical Complex Mixed Use, 3 Buildings, 1200 Road Frontage, 7 acres. Corporate headquarters or prime income investment property.(projected cap 10.5%- 12%) 3 buildings with Offices, display and retail showroom, service and repair area, receiving and storage. Additional land with extensive road frontage. Easy potential subdivision for house lots. Potential to subdivide or condo the commercial buildings. On 7 acres, frontage at road grade. Main building - 2 levels. Ground level 3700 sf. office and product display. Good street visibility. 3700 SF lower walk out. Mostly finished. Used for Storage and repair. Post and beam 4800 2 story barn with drive through. Good road visibility. Corner lot location. Repair/storage building 2160 sf. Multiple uses under flexible grandfather use rights. 734 feet on Rt. 120. 300 feet on Storrs Hill Rd. Ample paved parking area. Natural area backs up to Great Brook. No wetlands observed, No flood plain per town map. 2 miles south of center of town. R3 zone. All building in excellent condition and updated.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,600,000 |
| No. of Units: | 3 |
| Year Built: | 1950 |
| Lot Size: | 11,920.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $533,333 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-NNERENNH-5102768
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
192 Washington Road
Barrington, Rhode Island
119 Elmwood Avenue
Providence, Rhode Island
12 Worth Street
Central Falls, Rhode IslandBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout