351 Merline Road Vernon, CT $ 1,475,000
351 Merline Road
$ 1,475,000
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351 Merline Road

Vernon, CT, 06066
$ 1,475,000
Baths0.0 Sq 16,671

Monthly Estimate*

$ 10,303

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Studio

Commercial Property for sale in Vernon, CT

for $1,475,000. This 16,671 square foot building was built in 1970 on a lot size of 1.42.

Group Realty is pleased to present the Merline Professional Building, a 16,760 SF medical office building in Vernon, CT. The Merline Professional Building consists of a three-story, multi-wing medical office building situated on approximately 1.42 acres. (A portion of this 1.42 acres is primed for additional development of a new structure.) Built in 1970 and renovated in 2022, the Property features an excellent location and almost 100 parking spots. The building is currently 40% occupied by a mix of tenants, including various healthcare professionals, providing an excellent opportunity to add substantial value through leasing. The property would also qualify for an owner occupant with an SBA loan. The Property is ideally-located on the busy Route 83, with quick access to I-84 and numerous nearby amenities and national businesses including Walgreens, Dollar General, and Planet Fitness.

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Commercial Active

Price

$ 1,475,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Commercial For Sale

Lot Size

1.42

Year Built

1970

Town/City

Vernon

MLS | Web ID

170599234

Features
General
Zoning Commer
Year Built 1970
Neighborhood N/A
Heater Type Other
County Tolland
Present Use Medical Offices
Tax Year July 2023-June 2024
Location Highway Access Downtown Urban
Property Type Commercial For Sale
Status Active
Acres 1.42
Directions 351 Merline Road Vernon CT
City Vernon
Street Name Merline
Sq Ft Total 16671
DOM 217
Video Tour Y/N 0
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Interior
Cooling System Central Air
Utilities Available Electric Gas Telephone Cable Fire Suppression System
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Exterior
Water Source Public Water Connected Public Water In Street
Garage Parking Parking Lot
Lot Description Additional Land Avail. Corner Lot Level Lot
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Internal Only
Street Number 1 351
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* Excluded Features
List By
Zach Pranger

Listing Agent

Group Realty Llc

Broker

zachary@eastcoastgrouprealty.com

Email

Affordability Calculator

$10,303
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,303
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
899581 Elementary School
895635 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/13/2024$1,475,000 -13.24% Price Down
9/20/2023$1,700,000 Listed Price

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351 Merline Road, Vernon, CT, 06066 is a Commercial Property for sale at $1,475,000 with 16,671 sqft and a lot size of 1.42. 351 Merline Road is a studio with 0.0 baths and was built in 1970. The property's zip code is 06066 which is in Vernon, CT