Income Producing property with tenant 3 Plain Rd

Investment Highlights

Heavy day time traffic on commuter route Buildable lot included Room to expand for restaurant or garden center Residential and, or Commercial zoning Well Established Business (50 years) Full occupancy

Executive Summary

Rental property with historic Country Store tenant. Extraordinary opportunity for residential or commercial use. Zoned multi structure Residential, a variance was uniquely granted for commercial use due to the historical significance of the property in town. May be able to be subdivided. The property has a lot of potential for development. It is also an outstanding stable rental property as is with tenant operating a business that has 44 years continuity in this location.

• Sale Type    Investment or Owner User
• Property Type    Retail
• Property Subtype    Garden Center Garden Center General Retail Fast Food General Retail Restaurant General Retail Storefront Retail/Residential Garden Center
• Building Size    1,786
• Building Class    C
• Year Built    1900
• Price    680,000
• Price Per SF    381
• Cap Rate    6.85
• NOI    46,550
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.04
• Land Acres    0.98 AC

• 24 Hour Access
• Restaurant
• Signage
• Storage Space