Nadler and Hines of Horvath & Tremblay sell multi-tenant building for $975,000

Canton, CT Matt Nadler and Tim Hines of Horvath & Tremblay have completed the sale of a multi-tenant professional building. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $975,000.

The multi-tenant professional building is located at 85 River Rd. The property was constructed in 1988 and contains 7,897 s/f on 1.61 acres. The well-maintained property is comprised of four suites and is 100% leased to an attractive mix of office and neighborhood service tenants. Sunny Days Day Care has been at this location since 2008 and just extended their lease for five years, demonstrating their commitment to the site and the market. Studio 85 Dance Center has been at this location since 2020 and has 2+ years remaining on their lease. Thornton Executive Recruiters opened in 2022 and have 2+ years remaining on their lease. The well-maintained property is positioned in the southern portion of town and provides a convenient location for area residents. The property benefits from outstanding frontage and visibility along both River Rd. (CT Rte. 179) and is 0.5 miles from the junction of US Rtes. 44 and 202, the area’s primary commercial and commuter corridors. The property is less than a mile from the town’s municipal buildings, Canton Intermediate School and Canton High School.