$609,999

326 Route 87, Columbia, CT 06237

  • 2 baths |
  • 8,295 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1800
  • Property Lot Size Icon0.79acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $74/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Historically known as the "Landmark Building" in the charming town of Columbia, this retail/ Office building is beautifully located at the signaled intersection of Route 87 and Route 66. This Bucolic location brings serene surroundings, plenty of parking, and additional land for future opportunities with endless Economic Development potential. Whether you're a user for your small business or an investor considering expansion, this Columbia gem is the perfect fit. Don't miss your chance to own a slice of classic New England charm! Stable tenant mix, with renewals, and 'M' zone allows professional, retail, and personal service uses. BRAND NEW HEATING SYSTEM low CAP x. Gross Rent: $66,900 (incl. $65,100 rent roll + $1,800 other income) Expenses: $8,700 NOI: $58,200 Pro Forma (Fully Leased Market Performance) Stabilized Rent: $99,900 NOI: $91,200 17,000+ cars per day based on 2020 traffic counts. **NEW EV CHARGERS ON SITE.

Listing Status:
Active
Date Added:
June 25, 2025 at 12:59PM
Listing Office:
Berkshire Hathaway NE Prop. : (860) 267-4481
Listing Agent:
Robyn Letourneau : (860) 918-3945
MLS ID:
24101784
  • A/C: Central Air
  • Heating: Hot AirOil

This listing courtesy of Robyn Letourneau, Berkshire Hathaway NE Prop.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Horace W. Porter School

3 Schoolhouse Rd, Columbia, CT, 06237

Grades PK-8

0.19 miles away

H

Horace W. Porter School

3 Schoolhouse Rd, Columbia, CT, 06237

Grades PK-8

0.19 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.