Prime Investment Opportunity in Chester, CT Presenting 189-191 Middlesex Avenue, a fully leased, mixed-use property offering an exceptional investment opportunity in the heart of Chester, Connecticut. This 21,905 SF complex features a mix of retail, office, and residential spaces, with long-term tenants, ensuring stability and consistent revenue. Property Highlights * Fully Leased with established tenants * Strong financials-Projected 2025 NOI of $378,000 * Significant annual increases and pass-through for operating expenses * Ample on-site parking for tenants and visitors * High visibility on a well-trafficked state road * Well-maintained by current ownership for 19 years Location Benefits * 3.02-acre lot in a desirable commercial zone (C) * Built in 1986, offering modern infrastructure * Convenient access to Route 9 and Exit 3 on Route 154 * Proximity to Chester Village-a vibrant hub of dining, shopping, and scenic attractions About Chester, CT Nestled along the Connecticut River, Chester boasts a unique blend of New England charm and commercial opportunity. Its historic appeal, picturesque views, and strong community make it an attractive destination for businesses and residents alike. This turnkey investment offers immediate and long-term financial rewards in a thriving market. Don't miss out on securing a property with both stability and future growth potential.
Chester is located in Connecticut. Chester, Connecticut has a population of 3,787. Chester is less family-centric than the surrounding county with 25.99% of the households containing married families with children. The county average for households married with children is 27.85%.
The median household income in Chester, Connecticut is $93,333. The median household income for the surrounding county is $90,833 compared to the national median of $69,021. The median age of people living in Chester is 49.5 years.
The average high temperature in July is 84.4 degrees, with an average low temperature in January of 19.1 degrees. The average rainfall is approximately 50.4 inches per year, with 30.3 inches of snow per year.
