156 Main St, Deep River, CT 06417

Description

The walkability and quintessential New England charm of this downtown strip are all important considerations for small business owners and tourists alike. This is a rare opportunity to acquire a stabilized retail asset with recent CAP ex renovations on Main Street in Deep River. Inside the past 5 years the owner has replaced the entire roof, upgraded the electrical service and replaced all of the furnaces. Upon leasing up the existing units along with the 800sqft space in the rear of the building, this property will appraise north of $1M. For well qualified buyers we project an 80% LTV for the commercial bridge loan product.