PROPERTY INFORMATION

11 Hayward Ave., front building (units 1-3), Colchester, CT 06320

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County: New London	- Commercial condominiums:	- parking lot in rear
Stories: 2	- Unit 1: 1st floor (front of building)	- city water
Usage: retail/office	- 1,612 sq. ft., vacant	- city sewer
Year Built: 1780	- Unit 2: 2nd floor	-
Acres: N/A	- 2,142 sq. ft., vacant	-
Heating: propane	- Unit 3: 1st floor (rear of building)	-
Cooling: central air	- 660 sq. ft., rented for $900/mo.	-
Approx. Sq. Ft.: 4,414	- on 3 year lease until 12/2026	-

Purchase Price: $550,000 (package deal for all 3 units)

Taxes: $7,252 (Total of all 3 units)

Mill Rate: 27.22

COA: Hayward Avenue Business Condominium Association

COA Fees: $220/month per unit ($660/month total of all 3 units)

Financing: commercial or private lender

Lease Purchase Option: No

For Rent (without purchase option): Yes, Units 1 & 2 for $4,500/mo. or $2,250/mo. for only 1 of the units (Price Reduced)

Contact: David Tigner (Exit New England Realty Advisors)

Phone Number: 203-297-5803

E-mail: David.Tigner@RadiantNewHorizonHomes.com

11 Hayward Ave, Colchester, CT - Portfolio of Commercial Condos - $550,000

Prime Location in Thriving Colchester: Welcome to an exceptional opportunity to own a portfolio of commercial condos strategically located in the heart of Colchester, CT. Colchester, renowned for its vibrant community, thriving businesses, and strategic location, offers an ideal setting for your next investment.

Investment Highlights:
Package Deal: Acquire a portfolio of 3 commercial condos for the exclusive price of $550,000. A rare opportunity to secure multiple units in one strategic investment. Approx 4414 sq ft total. 660 sq ft is currently occupied and producing income of $900/m and 3754 sq ft is currently vacant and ready for you to occupy or lease out. (Most recent tenants vacated 12/31/23 and were paying $4250/m.)

Versatile Professional Uses: The space is perfectly suited for a variety of professional uses, including but not limited to:

Medical Practices (Doctors, Dentists, Specialists)

Legal Services (Law Firms, Attorneys)

Real Estate Agencies

Financial Services (Accountants, Financial Advisors)

and more !

Prime Colchester Location: Benefit from the strategic positioning of these commercial condos in Colchester, a town known for its supportive business community and proximity to major highways, ensuring accessibility and visibility.

Impeccable Interior and Exterior Condition: The buildings have been meticulously maintained, showcasing an impressive standard of quality both inside and out. From the welcoming exterior to the thoughtfully designed interiors, these spaces are ready to accommodate your business needs.
Thriving Business Environment: Colchester's dynamic business environment, coupled with its growing population, provides an excellent foundation for businesses to thrive. Take advantage of the area's economic vitality and be a part of its success story.

Property Features:

Spacious Interiors: Each commercial condo offers ample space for various professional uses.

Modern Facilities: Enjoy contemporary amenities that cater to the needs of modern businesses.

Ample Parking: Convenient on-site parking for clients and employees.

Strategic Visibility: Take advantage of prime visibility in a high-traffic area.

Act Now – Your Future Awaits!

This is your chance to secure a lucrative investment in a community with a bright economic future. Whether you're expanding your current business or exploring new opportunities, the 11 Hayward Ave commercial condo portfolio in Colchester, CT, is a wise investment.

Select the 'Schedule A Showing' link today (see below) to schedule a viewing and explore the endless possibilities this commercial real estate portfolio has to offer.

This could be your Ideal commercial investment property ! Listing Broker: Exit New England Realty Advisors

* SCHEDULE A SHOWING *

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