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

For Sale

195-199 Main St, Salisbury, CT 06068

This Salisbury property for sale is located at 195-199 Main St. The general use of Prime Investment Opportunity: Multi-Building Commercial Property with Bank Tenant is office and it incorporates 8,931 square feet of class B office space. The current listed sale price for Prime Investment Opportunity: Multi-Building Commercial Property with Bank Tenant is $2,020,000. Prime Investment Opportunity: Multi-Building Commercial Property with Bank Tenant is situated on a lot that is 2.55 acre in size.

Contacts

broker

Todd Payne, SIOR

CBC Danbury

Property Details

  • 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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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.

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  • 27/100

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Location

  • 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

  • LaBonne's Market

    0.83 miles

  • Sharon Farm Market

    6.40 miles

  • Stop & Shop

    6.72 miles

  • The Local, A Cornwall Collective Market

    7.94 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Todd Payne, SIOR

CBC Danbury