Pawcatuck CT Commercial for Sale
$950,000
27 Moss Street Stonington, CT 06379
- Type:
- General Commercial
- Sq.Ft.:
- 3,507
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.23 Acres
- Year built:
- 1900
- Baths:
- 4.00
- MLS#:
- 24024984
- Subdivision:
- Pawcatuck
ADDITIONAL INFORMATION
Opportunity Knocks: Don't miss out on this lucrative investment! Whether you're a seasoned investor or a first-time buyer, this 6-unit property in Pawcatuck promises both stability and growth potential. Investment Highlights: * Strong Cap Rate: At 9.25%, this property offers an attractive return on investment. * Steady Demand: Pawcatuck's growing economy ensures consistent tenant demand. * Historic Charm: The property's character and location appeal to renters seeking authenticity. Key Features: 1. Prime Location: Situated in the charming village of Pawcatuck in the town of Stonington, this property enjoys proximity to Westerly, Rhode Island, and historic commercial ties. 2. Industrial Base: Retaining its industrial heritage, the neighborhood hosts companies like Davis-Standard, Cottrell Brewery, and Hi-Tech Profiles. 3. Sport Fishing Hub: Marinas support an active sport fishing industry, attracting enthusiasts year-round. 4. Retail and Arts Scene: Pottery and jewelry studios add to the vibrant local arts community. Property Overview: * Unit Count: 6 * Cap Rate: 9.25%
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Pawcatuck Real Estate
The median home value in Pawcatuck, CT is $236,500. 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 Pawcatuck, CT is $236,500. Approximately 52.34% of Pawcatuck homes are owned, compared to 35.68% rented, while 11.98% are vacant. Pawcatuck 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 Pawcatuck real estate agent to arrange a tour today!
Pawcatuck, Connecticut 06379 has a population of 4,999. Pawcatuck 06379 is less family-centric than the surrounding county with 27.23% of the households containing married families with children. The county average for households married with children is 28.12%.
The median household income in Pawcatuck, Connecticut 06379 is $57,780. 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 Pawcatuck 06379 is 44.3 years.
Pawcatuck Weather
The average high temperature in July is 81.6 degrees, with an average low temperature in January of 19.9 degrees. The average rainfall is approximately 49.5 inches per year, with 26.9 inches of snow per year.