Commercial $ 1,300,000

30 Country Squire Drive

Cromwell, CT 06416

  • 5 Baths
    Full Baths: 5
  • 11,602 SqFt
  • 1.03 Lot Size
  • 2009 Year Built
Exceptional investment opportunity! This purpose-built, Class A medical office building has been repositioned at a new price of $1,300,000, creating an outstanding value well below replacement cost.Located in the heart of Cromwell with immediate access to Routes 9, I-91, Route 372, and I-691, this architecturally designed 11,602-square-foot medical building was constructed in 2009 with efficiency, patient comfort, and long-term functionality in mind. A successful, long-term dental practice occupies the entire 5,801-square-foot main level under a lease that began in 2023 and includes annual rental increases, providing dependable income and built-in growth. The additional 5,801-square-foot lower level is open, creating tremendous upside for an owner-user, additional medical tenant, or future rental income. Designed specifically for medical professionals, the building features a welcoming reception area with a fireplace, an island-style coffee station with refrigeration, abundant natural light throughout patient treatment areas, and an efficient interior layout dedicated to staff operations. Whether you're completing a 1031 Exchange, expanding your investment portfolio, seeking a stable passive income property, or looking for a premier location for your own medical practice, this property offers flexibility, quality, and long-term value. With a strong in-place tenant, immediate upside through the lower level, annual rent escalations, and a dramatic $200,000 price reducti
Listed by Linda O'Hara of William Raveis Real Estate

PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Listing Status Active

    Purchase Type For Sale

    Square Footage 11, 602 sqft

    Price per Sqft $112

    MLS Listing ID 24187705

    Full Baths 5

    Year Built 2009

    Annual Tax Amount $39,552

    Lot Size 1.030 Acres

  • Location

    State CT

    County Middlesex

    Zoning HB

  • Building

    Lot Description Corner Lot, Treed, Dry, Level Lot, Sloping Lot, Cleared

    Story 2

    Foundation Concrete, Stone

    Sewer Public Sewer Connected

    Water Public Water Connected

  • Interior

    Interior Features Employee Lounge, Fire Suppression System, Handicap Design, Public Restrooms, Security System, Window Display

    Heating Hot Air

    Cooling Central Air

    Flooring Concrete, Tile, Wall-to-Wall Carpet

  • Exterior

    Exterior Feature Gutters, Pole Sign, Door Sign, Underground Sprinkler

    Parking Features Paved, Parking Lot, Off Street Parking

    Utilities Available Electric, Gas, Telephone, Cable

    Roof Type Asphalt Shingle

CONTACT

Linda O'Hara
Linda O'Hara
Email: linda.ohara@raveis.com Tel: +1(860) 209-7044

License ID: CT: 63231 & FL: 3458431

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