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$330,000
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Property Description
CASH only! Great opportunity to buy a commercial property in A+ central location close to everything. Two 2-bedroom and 1-bath apartments upstairs and a functional restaurant and bar on the main floor (includes commercial kitchen equipment) plus a full basement with a large commercial walk-in freezer and 3 more freezers. Please note the apartments have been remodeled (80% done and need new kitchens and laminate floors). New windows, plumbing, electrical, bathrooms, drywall, lighting. Over $260K in improvements. Needs new kitchens and new flooring. A large parking lot behind the building. 3 electric meters (2 for apartments and 1 for the restaurant); 1 water meter; 1 gas meter for the restaurant (apartments are electric). The restaurant is forced air heat and central air fueled by natural gas. Apartments do not have central air. It may be possible to convert the restaurant into additional apartments, subject to the town's approvals and regulations. Also listed as Commercial. Excellent potential for stable rental income over 15% (est.) annually.
Full Property Details
Full Property Details for 172 Maple St
General
- Sold For: $330,000
- Status: Closed
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 170587741
- Added to Site: 997 day(s) ago
Interior
- Interior Features: Living Space Available, Public Restrooms, Window Display
Rooms
Bathrooms
- Restrooms: 4
Exterior
- Exterior Features: Door Sign, Sidewalk
Parking
- Uncovered Spaces: 10
- Total Spaces: 10
- Parking: Driveway, Paved, Parking Lot
Location
- County: New Haven
- Driving Directions: GPS works fine.
Heating & Cooling
- Cooling Type: Central Air, None
- Heating Type: Baseboard, Gas on Gas, Hot Air, Electric, Natural Gas
- Heating Fuel: Electric, Natural Gas
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric, Gas, Telephone, Cable
Structural Information
- Roof: Asphalt Shingle
- Stories/Levels: 3
- Stories in Building: 3
- Square Feet: 4,325
- Sq. Ft. Source: Public Records
- Living Area: 1,201 Sq. Ft.
- Current Bldg. Use: Restaurant, residential rents
- Retail: 1,752 Sq. Ft.
- Warehouse: 1,201 Sq. Ft.
- Year Built: 1900
Unit Information
- # Tenants: 3
Unit 1
- Unit Description: Retail
- Square Feet: 1752
- Total Bathrooms: 2
- Partial Bathrooms: 2
Unit 2
- Unit Description: 2 Bedrooms
- Square Feet: 600
- Total Bathrooms: 1
Lot Features
- Lot Size (Acres): 0.16
- Frontage: Municipal Street, Paved Road
- Present Use: Restaurant, residential rents
- Potential Use: R8 zoning
- Zoning: R8
- Lot Description: Dry, Level Lot
Financial Considerations
- Assessment Amount: $252,280
Disclosures and Reports
- Documents Avail.: Lead Disclosure
- Property ID: 2265264
Listed and Sold by William Raveis Real Estate, Mikhail Faifman Team, Mikhail Faifman
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Schools
Schools serving 172 Maple St
School District:Naugatuck School District
| Name | Grades | Distance |
|---|---|---|
Naugatuck High School 543 Rubber Avenue, Naugatuck, CT 06770 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 172 Maple St
Date
Details
Price
Change
Source
9/06/2023
Sold
$330,000
-5.71%
MLS
8/03/2023
Listed
$350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
172 Maple Street, Naugatuck, CT 06770 (MLS# 170587741) is a Commercial property that was sold at $330,000 on September 06, 2023. Want to learn more about 172 Maple Street? Do you have questions about finding other Commercial real estate for sale in Naugatuck? You can browse all Naugatuck real estate or contact a Coldwell Banker agent to request more information.

