Smart MLS #24098072

138 River Rd,
Essex, CT 06426
138 River Rd, Essex, CT 06426 United States
For Sale
$895,000
Commercial
3572 Sqft · 2 Units · OFFICE,RETAIL
An iconic c.1900 essex commercial property for sale at the head of main street! the building is currently divided into two commercial condominium units. unit 'a' consists of 1,200 sf of first floor built-out office space with one half-bath. unit 'b' comprises the second and third levels with a total of 1,977 sf of built-out office space and two half baths. features include first class mechanical systems, break rooms, and a spacious second level conference room overlooking main and pratt streets, with views down both to the ct river. the location is spectacular. set on a gentle rise at the top of main street you have both a commanding presence and commanding views of the heart of the village. adjacent to shops, restaurants, yacht clubs, marinas, galleries, and all of the historic charm essex is so well known for. there is a private yard accessed directly from the third level or via staircase from the parking area. this property is also available for commercial lease at $17.50 psf. it may be possible to restore the former residential use of the second and third levels to create a mixed use property combining a residence upstairs and office/retail space on the ground floor. whatever your use, this solid well-maintained property will allow you to own a substantial piece of the pie in a world renowned village!

Map


Listing

Market Stats
  • List $895,000
  • 3 Days on Market

Real Estate Agent


Details

Building
  • Built 1900
  • 2 Units

Sqft
  • 3572 Total Sqft
  • 3177 Sqft of Office

Lot / Land
  • 0.13 Acres
  • EVILG Neighborhood
  • Sloping Lot
  • 60ft of Frontage
  • TOWN

Other
  • 0 Loading Docks

Utilities
  • Hot Air
  • Oil
  • Central Air
  • Public Water
  • Septic

Rental
  • 0 Tenants

Parking
  • 1 Total Spaces
  • 1 Uncovered Spaces

Taxes
  • Assessment $755,700
  • Mill Rate 18.05
  • Taxes $13,641
  • Parcel Num 999999999


Mortgage Calculator
  • 30yr Fixed-Rate Loan
  • 6.84% Interest
  • Purchase Price $895,000
  • Down Payment $179,000 (20.00%)

Estimated Payment with
30yr Fixed Rate Mortgage

Monthly
$5,824


Monthly Est. $5,824
Yearly Est. $69,884
30yr Est. $2,096,506
Go to the Mortgage Calculator
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This real estate listing for sale at 3 Essex Sq is presently used as Office with 3572 total sqft and was built in 1900. It is located in the Essex, Connecticut area with the 06426 zip code. For more info about the property at 138 River Rd, Essex, CT 06426 United States or if you would like to schedule a showing, please contact the listing agent above.

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