418 Roosevelt Dr

Unique Waterfront Commercial/Retail/Office Investment Property for sale in Derby, CT. Potential for Owner/User occupancy. Excellent location for Lawyer, Accountant, Financial Services, or Consulting firm. Consists of two well-maintained/upgraded buildings equaling a total of 12,000 +/- SF and 45 parking spaces on .76 Acre lot. • Long term tenants include a deli, chiropractor, insurance agency, hair salon, rowing/exercise club, eyelash salon. • Most offices have magnificent four-season views of the Housatonic River and the hills beyond. Outdoor patio allows tenants to combine work with tranquil, waterfront dining/relaxation. • On State Route 34 with good traffic count just north of downtown Derby and Yale Boat house. Close proximity to CT Route 8, Home Depot and Derby Metro North Rail Station (1.5 Miles) • Potential to reestablish a marina operation with boat docks and fueling station on Lake Housatonic. For Sale: $1,200,000 Pro-forma Cap Rate: 8.92 Possible Lease with Purchase Option