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Key Details
Sold Price $400,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,630 sqft
Price per Sqft $71
MLS Listing ID 170472794
Sold Date 04/08/22
Year Built 1900
Annual Tax Amount $11,612
Lot Size 0.700 Acres
Property Description
Unique opportunity to invest in one of Redding's few quasi-commercial real estate offerings. The zoning of this property is NB - Neighborhood Business which permits stores and shops for the conduct of retail trade in customary household, personal and convenience goods. A previous commercial occupant was a successful breakfast/luncheon restaurant. In 2015 the Redding Zoning Board of Appeals granted a variance for the creation for five, second floor, one bedroom apartments in addition to the permitted business uses on the main floor. Presently the main floor is being occupied for storage purposes only and the upper floor consists of two occupied apartments. There is a significant amount of deferred maintenance and this property can only be view with the listing agent present. Offers subject to specific devisee approval.
Location
State CT
County Fairfield
Zoning NB
Interior
Heating Hot Water
Cooling None
Exterior
Parking Features Paved, Off Street Parking
Utilities Available Electric
Roof Type Asphalt Shingle
Building
Lot Description Sloping Lot
Story 2
Foundation Block, Concrete
Sewer Septic
Water Private Well
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Bought with John Baldaserini • Coldwell Banker Realty