444 Rubber Avenue, Union CityNaugatuck, CT 06770MLS Number 170509907

  • Price: $548,500
  • 223 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.09% last updated on Feb 2, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Active
444 Rubber Avenue Naugatuck CT 06770444 Rubber Avenue Naugatuck CT 06770444 Rubber Avenue Naugatuck CT 06770444 Rubber Avenue Naugatuck CT 06770444 Rubber Avenue Naugatuck CT 06770444 Rubber Avenue Naugatuck CT 06770444 Rubber Avenue Naugatuck CT 06770444 Rubber Avenue Naugatuck CT 06770444 Rubber Avenue Naugatuck CT 06770444 Rubber Avenue Naugatuck CT 06770444 Rubber Avenue Naugatuck CT 06770444 Rubber Avenue Naugatuck CT 06770444 Rubber Avenue Naugatuck CT 06770444 Rubber Avenue Naugatuck CT 06770444 Rubber Avenue Naugatuck CT 06770444 Rubber Avenue Naugatuck CT 06770444 Rubber Avenue Naugatuck CT 06770444 Rubber Avenue Naugatuck CT 06770444 Rubber Avenue Naugatuck CT 06770444 Rubber Avenue Naugatuck CT 06770444 Rubber Avenue Naugatuck CT 06770444 Rubber Avenue Naugatuck CT 06770444 Rubber Avenue Naugatuck CT 06770444 Rubber Avenue Naugatuck CT 06770444 Rubber Avenue Naugatuck CT 06770444 Rubber Avenue Naugatuck CT 06770444 Rubber Avenue Naugatuck CT 06770444 Rubber Avenue Naugatuck CT 06770444 Rubber Avenue Naugatuck CT 06770444 Rubber Avenue Naugatuck CT 06770444 Rubber Avenue Naugatuck CT 06770444 Rubber Avenue Naugatuck CT 06770444 Rubber Avenue Naugatuck CT 06770
QR Code
  • 0.8Acreage
  • 1950Year Built
  • 6,335Square Feet

Driving Directions

The owner is motivated and ready to sell this great commercial investment property. Located at 444 Rubber Ave in Naugatuck on a busy main thoroughfare - DOT reports between 7,000 - 10,000 cars travel by this property daily so there is plenty of public exposure. Rubber Avenue is undergoing many upgrades and there are several new businesses and big retail outlets that have come to the immediate area. This investment property has municipal-city water, sewer and gas. The structure was initially built in 1950 however, there were three significant additions and capital improvements completed over the last several years. There are 3 separate lease spaces with separate utilities. Two tenants currently occupy all three lease areas. There are 5 year leases in place with tenants paying all NNN expenses. Gross income is almost $50,000 per year. Approximately 11-13 parking spaces on level asphalt. This is a nice investment with lots of potential for larger retail or busy chain. This commercial property won't last long - set up your viewing as soon as possible. Please note: There are two commercial tenants occupying the property and they operate during normal business hours. The owner wishes to sell the property to an investor or big retail investment group and therefor would like to minimize any inconveniences to tenants. There is no for-sale sign and please be prepared with funding and ready to buy if a showing is requested.
Listed by Christopher J Wihbey of Great Estates,CT

Ask A Question

Do not fill in this field:

More Info

Basic Information

  • Broker NameGreat Estates, CT
  • List Price$548,500
  • MLS Number170509907
  • Property TypeCommercial For Sale
  • StatusACT
  • TownNaugatuck
  • Virtual TourView Tour
  • Gross annual expense$24,000
  • Gross annual income$49,320
  • Commercial catagoryInvestment
  • Also for leaseNo
  • MLS StatusActive

Interior

  • Interior featuresLoading - Grade

Exterior

  • Exterior featuresDoors - under 10 ft, Lighting, Loading Dock/Grade

Auction

  • Bank owned propertyNo

Tax Information

  • Assessed value$500,000
  • Taxes$16,713
  • Tax YearJuly 2021-June 2022
  • Milrate base47
  • Milrate total47.75

Building

  • FoundationConcrete, Masonry
  • RoofFlat, Tar/Gravel
  • Year Built1950
  • Building ConstructionFrame, Stone, Concrete
  • AtticNo
  • Garage Spaces
  • FlooringConcrete, Plywood
  • Ceiling height12
  • Overhead doors1
  • Garage Parking InfoOff Street Parking, Parking Lot
  • Square Feet6,335
  • Restrooms number of3
  • Stories1
  • Dock1
  • Additional space availableNo

Other

  • Documents AvailableDemographic Data, Environmental Site Assess.
  • Lease purchaseNo
  • Purchase optionNo
  • Inventory includedNo
  • SubdividableYes
  • Traffic count10000
  • Net operating income25320
  • Space is leasedNo
  • Present useCommercial leasing
  • Potential useCommercial lease
  • View Count11

Basic Information

  • Agent ID845097

Location

  • CountyNew Haven
  • LocationUrban
  • NeighborhoodUnion City
  • StateCT
  • Zip06770

Property

  • Acreage0.8
  • Lot DescriptionLevel Lot
  • Parking Spaces13
  • Parking spaces covered
  • Parking spaces uncovered13
  • Parking spaces per 1000sqft
  • FloodzoneNo
  • Business includedNo
  • Road Frontage DescriptionU.S. Highway, Paved Road
  • SwimmingpoolNo

Utilities

  • Heat SystemGas on Gas, Hot Air
  • Heating FuelGas In Street
  • Utilities availableElectric, Gas, Telephone, Cable
  • Water sourcePublic Water Connected, Public Water In Street
  • Cooling SystemCentral Air
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected, Public Sewer In Street
  • Electric Volts220
Sotheby's International Realty | William Pitt
Sotheby's International Realty | William Pitt
Office: 203-796-7700
112 Federal Road
Danbury, CT 06811

The data relating to real estate for sale on this website appears in part through the SmartMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SmartMLS through a licensing agreement. Listing information is from various brokers who participate in the SmartMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2023 SmartMLS, Inc.

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

$

Do not fill in this field: