Prime Investment Opportunity: Multi-Building Commercial Property with Bank Tenant

195-199 Main St, Salisbury, CT 06068

  • For Sale $2,020,000
  • Property Type Office - General Office
  • Property Size 8,931 SF
  • Units 6
  • Lot Size 2.55 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1930
  • Date Updated Nov 12, 2024
Main Street SalisburyColdwell Banker Commercial Realty is pleased to present for sale The National Iron Bank Portfolio, located at 195-199 Main Street in Salisbury, Connecticut (the “Property”). This portfolio includes 2 Buildings with 5 tenants. The Buildings are 100% occupancy rate and NOI of $165,799.96. National Iron Bank leases over 75% of the two buildings.

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Attachments

Highlights

  • National Iron Bank, a historic community bank established in 1847, occupies over 75% of this two-building portfolio.
  • This property is well-positioned in the town's central district, surrounded by a variety of local shops, restaurants, and cultural landmarks that add to the area’s appeal.
  • This portfolio comprises two buildings with five tenants and is fully leased, generating a net operating income (NOI) of $165,800.
  • a straightforward and low-risk investment for potential buyers. This opportunity is especially appealing for investors seeking a well-rounded property with stable cash flow and a reliable, anchor tenant at its core.

Contacts

broker

Todd Payne, SIOR

CBC Danbury

Location

Getting Around

  • Walk Score ®

    25/100 Car-Dependent

  • Bike Score ®

    27/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Salisbury, CT
  • Zip Code 06068
  • Market Bridgeport New Haven

Points of Interest

  • Mobil

    0.73 miles

  • Route 7 Fuel

    5.10 miles

  • Shell

    6.42 miles

  • Tesla Supercharger

    6.68 miles

  • Trail Parking

    1.48 miles

  • Yoakum Preserve Parking

    1.91 miles

  • B Paddock

    3.93 miles

  • False Grid

    3.94 miles

  • A Paddock

    4.16 miles

  • Wake Robin Inn

    1.04 miles

  • Interlaken Inn & Conference Center

    1.93 miles

  • Falls Village Inn

    3.74 miles

  • Country Bistro

    0.83 miles

  • White Hart Inn

    0.95 miles

  • Woodlands

    1.45 miles

  • Toymaker's Cafe

    3.80 miles

  • Lime Rock Cafe

    4.06 miles

  • Pop's Diner

    6.47 miles

  • Collin's Diner

    6.48 miles

  • Roma's Pizza

    6.48 miles

  • Zia Maria

    6.52 miles

  • McDonald's

    6.58 miles

  • Salisbury Central School

    0.29 miles

  • Indian Mountain School - Lower Campus

    2.01 miles

  • The Hotchkiss School

    2.11 miles

  • Salisbury School

    2.79 miles

  • Indian Mountain School - Upper Campus

    3.27 miles

  • Lee H. Kellogg School

    4.01 miles

  • Housatonic Valley Regional High School

    4.31 miles

  • Institute of World Affairs

    5.01 miles

  • North Canaan Elementary School

    6.57 miles

  • Sharon Center School

    6.62 miles

Frequently Asked Questions

How much does Prime Investment Opportunity: Multi-Building Commercial Property with Bank Tenant cost?

The space currently listed for sale at Prime Investment Opportunity: Multi-Building Commercial Property with Bank Tenant asks for $2,020,000.

What is the total square footage of Prime Investment Opportunity: Multi-Building Commercial Property with Bank Tenant?

Prime Investment Opportunity: Multi-Building Commercial Property with Bank Tenant totals 8,931 square feet.

When was this property built?

Prime Investment Opportunity: Multi-Building Commercial Property with Bank Tenant was built in 1930.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Todd Payne, SIOR

CBC Danbury