Multi-tenant Retail Plaza

662 Portland Cobalt Road Portland, CT 06480

  • 10,288 Square Feet
  • Office Retail Commercial-Specialty
  • For Sale For Lease

Summary Description

Rare opportunity to own multi-tenant retail plaza with prime visibility on Rt. 66.662 Portland Cobalt Rd is available for sale or lease. The plaza is available for $795,000.00 and includes a 10,288sf building plus turn key mini golf business. Ample parking. Street signage. New roof. Building is on 1.33 acres with additional 1.27 abutting acres available on Portland Cobalt Rd for superior frontage. One long term tenant in place and multiple suites available for lease. Seller financing for qualified buyers. Bring offers.

Available for Lease:

  • MINI GOLF.   Turn key, established business including bounce house, replacement carpets for the greens, and trailer for storage and advertising. $2,000.00/mo + utilities. (Complimentary ice cream shop possible for $895/mo + utilities.)

  • RESTAURANT.   Turn key restaurant for lease including new hood and all equipment, furniture, etc. 20' frontage on Rt. 66. Needs cleaning but ready for operation. Great natural light in dining room. Handicap accessible. $2400/mo.

  • RETAIL.   Approximately 4,1OOsf available for lease with 90' frontage on Rt 66. Currently gutted to the studs and ready for the design of your choosing. Could also take adjacent 800sf of former ice cream shop in similar condition for additional frontage. 3 bathrooms, possibility   to raise ceilings, 20' column span. $3600/mo + utilities. Also 800sf former ice cream shop available. Needs renovation. Good complimentary use to mini golf. $895/mo + utilities.

  • OFFICE.   Approximately 1,144sf of office on second floor. Access via stairs in front of building or direct access in rear. Shared bathroom. Open floor plan with one demised office. Bright natural light. $800/mo + utilities.

Building Size: 10288 Square Feet

Area Available: 10,288 Square Feet

Features:

  • Seller financing available
  • Ample parking
  • Street signage
  • 9 cap based on proforma figures
  • New roof
  • 1.33 acre site with 1.27 abutting acre for sale

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