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For Sale

189-201 Marlborough Street

189-201 Marlborough Street, Portland, CT 06480

$1,200,000

Three-building mixed-use income property on high-traffic Route 66 in Portland's prime B-2 commercial corridor. Currently occupied by two national tenants - Subway Restaurant (197 Marlborough) and State Farm Insurance (201 Marlborough, ground floor) - plus a residential dwelling (189 Marlborough) . All active leases are gross with tenants paying their own utilities, delivering a clean, low-expense income stream. Current NOI: $82,757 | Cap Rate: 6.9% at ask.

1
bath

8,000 Sq.Ft. LIVING AREA

0.61 Acres lot

Features & Amenities

Interior

Total bathroom1
full bathroom1

Area & Lot

Status For Sale
Living Area8,000 Sq.Ft.
Total Area8,000 Sq.Ft.
Lot Area0.61 Acres
MLS® ID24185553
TypeCommercial
YEAR BUILT1947

Exterior

AIR CONDITIONINGCentral Air
sewerPublic Sewer

Financial

Sales Price$1,200,000
Real Estate Tax $11,468/yr
Zoning B2

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