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Prime Commercial Property- Prime commercial real estate property located in the heart of Fairfield.- Features a shopping strip with five distinct units suitable for various businesses.- Offers ample parking, attracting a steady flow of customers.- Strategically located near major routes RT 48 and 80 for high visibility and easy access.- Low rent that has remained unchanged for the past seven years.- Opportunity for the new owner to increase the rent by 10% to 15% with a new triple net lease agreement.- All units are currently occupied, demonstrating sustained demand.- Tenants are responsible for their own utilities, reducing the owner's operational costs.- Presents a lucrative investment opportunity with immediate returns and promising future growth.This prime property is a commercial real estate gem located in the bustling heart of Fairfield. It features a shopping strip with five distinct units, each boasting its own unique potential for various retail or service-based businesses. ------------------------------------
| DAYS ON MARKET | 1 | LAST UPDATED | 3/3/2025 |
|---|---|---|---|
| YEAR BUILT | 1979 | COMMUNITY | Fairfield |
| COUNTY | Essex | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Fairfield |
| BASEMENT | Partial, Yes |
| CONSTRUCTION | Brick |
| HEAT | Baseboard, Natural Gas |
| LOT | 0.66 acre(s) |
| LOT DESCRIPTION | Level |
| SEWER | Public Sewer |
| STORIES | 1 |
| TAXES | 15779 |
| UTILITIES | Cable Available, Underground Utilities |
| WATER | Public |
| ZONING | Commercial |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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