Prime Location in Thriving Colchester: Welcome to an exceptional opportunity to own a portfolio of commercial condos strategically located in the heart of Colchester, CT. Colchester, renowned for its vibrant community, thriving businesses, and strategic location, offers an ideal setting for your next investment. Package Deal: Acquire a portfolio of 3 commercial condos. A rare opportunity to secure multiple units in one strategic investment. Approx 4,514 sq ft total. Unit 1: 1,612 sq ft & Unit 2: 2,142 sq ft are currently ready for you to occupy or lease out. (Most recent tenants vacated 12/31/23 and were paying $4250/m). Unit 3: 660 sq ft is currently occupied and producing income of $900/m. Versatile Professional Uses: The space is perfectly suited for a variety of professional uses, including but not limited to: -Medical Practices (Doctors, Dentists, Specialists) -Legal Services (Law Firms, Attorneys) -Real Estate Agencies -Financial Services (Accountants, Financial Advisors) and more! This is your chance to secure a lucrative investment in a community with a bright economic future. Whether you're expanding your current business or exploring new opportunities, the 11 Hayward Ave commercial condo portfolio in Colchester, CT is a wise investment. Schedule a viewing and explore the endless possibilities this commercial real estate portfolio has to offer. Act Now- Your Future Awaits!
Great location for this commercial space on Main Street in Colchester. Directly across from the town Green and close to all the highways and in the center of the town. 2 units for retail, aproximately 1000 sq ft each for office or other commercial use on first floor and a large 2 bedroom 1 bath apartment on the second floor. Newer roof and mechanicals, public water and sewer make it ready to go!
The median home value in Colchester, CT is $437,000. This is higher than the county median home value of $227,800. The national median home value is $219,700. The average price of homes sold in Colchester, CT is $437,000. Approximately 69.24% of Colchester homes are owned, compared to 21.96% rented, while 8.79% are vacant. Colchester real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Colchester real estate agent to arrange a tour today!
Colchester, Connecticut has a population of 16,015. Colchester is more family-centric than the surrounding county with 35.2% of the households containing married families with children. The county average for households married with children is 28.12%.
The median household income in Colchester, Connecticut is $101,031. The median household income for the surrounding county is $69,411 compared to the national median of $57,652. The median age of people living in Colchester is 40.9 years.
The average high temperature in July is 83.3 degrees, with an average low temperature in January of 18.6 degrees. The average rainfall is approximately 49.4 inches per year, with 28 inches of snow per year.