Clinton - 1 West Main St
For Sale

For Sale | $1,999,999

FOR SALE | 12,399± SF MIXED-USE INVESTMENT 
Stable In-Place Income PLUS Lease-Up Opportunity

Highlights

• Mixed-Use Investment Property
• Stable In-place Income plus Lease-up Opportunity
• Located in Historic Downtown Clinton
• 12,399 SF Mixed-Use Commercial Building

• 64.34% Occupied | 4,422 RSF Available for Lease

• Restaurant Tenant - Nataz and Two Office Tenants in Place

• Built in 1923, Renovated 2018

• Two parcels - 0.20 Acre and 0.26 Acre Used for Parking

Property Description

O,R&L Commercial is pleased to present 1 West Main Street for Sale and for Lease situated in historic downtown Clinton, CT. The offering has stable in-place income with significant upside through lease-up of the remaining space. Currently 64.34% occupied, the asset features a well established tenant mix including the renowned local restaurant Nataz and professional office tenants. The building is well maintained and offers flexible space configurations for Lease suitable for a variety of retail or office uses. Lease Availability includes: 2,727 SF of first floor retail/office space, divisible to 2 suites of 1,423 SF and 1,304 SF. There is additionally 1,695 SF of Office space on the lower level for a total availability of 4,422 SF contiguous space. The property is positioned at a signalized intersection with excellent visibility and walkability in a high-traffic location with strong local demographics and seasonal tourism. A second parcel, included in the asset, provides off-street parking for both tenants and patrons.

Call Listing Brokers for additional information. Investment Sale Price: $1,999,999 | Lease Rate: $15/SF NNN

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