Listing Summary
Turnkey mixed-use property for sale at 82 Main Street, East Hampton, CT ($3,650,000). Features 22 units (17 residential & 5 commercial), 6.52% Cap Rate, and EV chargers.
Full Description
Premier Mixed-Use Investment: The Village at 82 Main Street, East Hampton, CT
The Lisa Cozzi Team is proud to present The Village at 82 Main, a pristine 22-unit mixed-use asset situated in the heart of East Hampton, Connecticut. Offered at $3,650,000 ($165,909/unit), this fully renovated commercial property features 17 residential apartments and 5 retail storefronts, delivering a stable, diversified revenue stream. Located on Main Street in a picturesque lake-community setting, the property combines historic architectural charm with high-performing modern infrastructure, yielding an attractive 6.52% Cap Rate.
Property & Investment Highlights
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Address: 82 Main Street, East Hampton, CT 06424 (Middlesex County)
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List Price: $3,650,000 USD
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Cap Rate: 6.52%
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Total Units: 22 Units (17 Residential Apartments + 5 Commercial Storefronts)
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Building Size: 16,439 Sq. Ft. (3 Stories)
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Lot Size: 0.38 Acres
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Average Occupancy: 95%
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Year Built / Renovated: 1905 / 2013 (Extensive Property-Wide Upgrades)
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Zoning: VC (Village Center)
Diversified Income & Commercial Anchor Tenants
The property serves as a vibrant local hub with established commercial tenants on the ground floor, generating consistent foot traffic and long-term lease stability:
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Commercial Storefronts (5 Units): Anchor tenants include local favorites such as ECO Coffee House, Tiny Paws Dog Grooming, 9 Lives Barber Shop, and Executive RE.
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Residential Units (17 Apartments): Modernized layouts including studios (500–600 SF), 1-bedroom units (600–800 SF), and spacious 2-bedroom floor plans (800–1,000 SF).
Turnkey Interior Finishes & On-Site Amenities
Meticulously maintained with pride of ownership, the building features updated residential interiors and comprehensive site amenities:
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Apartment Upgrades: Modern kitchens equipped with granite countertops, stainless steel appliances (refrigerator, oven, range, and dishwasher), updated flooring, individually controlled heating, and air conditioning.
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Property Amenities: Ample off-street parking enhanced with EV charging stations, on-site resident laundry facilities generating ancillary income, and secure common areas.
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Utility Structure: Operational efficiency with tenant-paid electric service and owner-paid natural gas heating.
Unmatched Lake-Community Location
Situated in East Hampton's historic Village Center, residents and commercial patrons enjoy direct proximity to local boutiques, cafes, and outdoor recreation:
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Recreational Attractions: Located just moments from Lake Pocotopaug and the scenic Air Line State Park Trail.
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Community Foot Traffic: High visibility along Main Street makes the commercial suites prime destinations for local residents and visitors alike.
Listing & Brokerage Contact
Quick Glance
- Listing ID:
CL-Connecticut-28431
- Status:
Active
- Year Build:
1905
- Building Size:
16,439 SqFt
- Lot Size:
0.38 Acr
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