For Sale
$1,400,000

802 Main StMonroe, CT 06468

1.6 Acres, Multi-Use Potential

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 1.6-acre mixed-use property in Monroe, Connecticut, presents a remarkable investment opportunity. Located at 802 Main St, in Fairfield County, this commercially zoned land boasts two existing buildings: a 1,986 square foot retail space currently housing a stone fabrication business, and a charming 4,008 square foot, two-family house dating back 183 years, featuring antique details and a wrap-around porch. The property offers flexibility for various development scenarios. A potential buyer could operate their own business within the existing structures, or lease the land to a national tenant, as a sale for leaseback is an option. Alternatively, the site is ideally suited for the creation of a new shopping plaza, capitalizing on its prime location within a thriving commercial area. The property's strategic position in Monroe, near Easton, Newtown, and Trumbull, benefits from a growing population and high-income households. Recent interest from national chains like Chipotle, Panera Bread, Jersey Mike's Subs, and Noble Gas highlights the area's strong commercial appeal. The asking price for this unique mixed-use property is $1,400,000. This presents a rare chance to acquire a significant piece of Monroe's burgeoning commercial real estate market. The property includes an apartment building, grocery store, and QSR/fast food components.

Highlights

  • $1,400,000 asking price.
  • Mixed-use property encompassing 1.6 acres of commercially zoned land in Monroe, CT.
  • Features two existing buildings: a 1,986 SF retail space and a 4,008 SF two-family house.
  • Sale for leaseback option available.
  • Located at 802 Main St, Monroe, CT 06468, in Fairfield County.

Property Details for 802 Main St

Property type
Retail properties, Mixed-use properties

Location Insight

City
Monroe
County
Fairfield
State
Connecticut
Latitude
41.3460267
Longitude
-73.259285
802 Main St, Monroe, Connecticut

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802 Main St
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