30 Country Squire Dr, Cromwell, CT 06416

$1,300,000
5
BA
11,602
SqFt

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List Price
$1,300,000
Status
ACTIVE
MLS#
24187705
Year Built
2009
Bathrooms
5
Acres
1.03
Living Area
11,602
Neighborhood
North Cromwell

Property Description

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

Additional Information

Taxes
$39,552
Lot Size
44,866
Interior Features
Public Restroom, Security System
Flooring
Concrete, Tile, Wall-To-Wall Carpet
Heating
Hot Air
Cooling System Type
Central Air
Water Source
Public
Exterior Features
Sprinkler System
Parking Spaces
33

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Calculator source: Real Geeks

Listing courtesy of Linda O'Hara from William Raveis Real Estate. (860) 209-7044 (860) 388-3936

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