🚨 IMPORTANT BUYER NOTE: Not Eligible for OfferMarket Financing (Mixed-Use) 🚨

🎛️ High-Yield Investment Opportunity | 13.4% Cap Rate Mixed-Use Gem!

Unlock incredible cash flow and endless versatility with this impressive three-story, ~4,700 sq. ft. mixed-use property! 🏢 Perfectly situated on a prominent 0.66-acre corner lot, this asset boasts a phenomenal 13.4% Cap Rate right out of the gate—with massive upside potential through future rent increases and strategic property enhancements. 📈💰

Whether you are an investor looking for a stable income-producing powerhouse or a business owner seeking a premier live-work setup, this property checks every single box. 📦✨

🏢 Floor-by-Floor Breakdown

1st Floor | Fully Equipped Medical/Professional Office: 🩺 Step into a turnkey professional space featuring a welcoming reception area, a dedicated staff office, 4 private exam rooms, a treatment room, an executive private office, a convenient kitchenette, and 3 restrooms. Ideal for medical, legal, or service-based businesses! 💼
2nd Floor | Dual Residential Income Streams: 🛏️🏡 Features two private-entry apartments, each complete with its own comfortable living room, full kitchen, spacious bedroom, and a full bathroom. Excellent for steady rental income or an owner-occupant!
3rd Floor | Flex Space & Bonus Storage: 📦📐 Currently equipped with a half bath and previously used for records storage. This floor offers massive potential to convert into additional office space, storage, or another income-producing unit (subject to local zoning/approvals).

📍 Prime Location & Logistics

Unmatched Visibility: 🎯 Positioned directly across from the former Trumbull Memorial Hospital campus, ensuring excellent exposure and high traffic counts.
Ample On-Site Parking: 🚗 Includes approximately 25 dedicated parking spaces across 2 parcels, a massive luxury for clients and tenants alike.
Zoned for Flexibility: 🗺️ Benefits from Residential B zoning, allowing for a wide variety of adaptive future uses.
Future Development Potential: 🏗️🚀 As an incredible added bonus, a vacant city lot adjacent to the north side of the parking lot may be available for future development, giving you incredible long-term scaling potential!

🏦 Financing Details & Buyer Preferences

Please note: Because of the incredible versatility and mixed-use zoning of this property, it is not eligible for OfferMarket financing. This asset is perfectly suited for buyers utilizing cash, commercial loans, or alternative portfolio financing. Bring your preferred commercial lender and capitalize on this rare double-digit cap rate! 💵🤝

🔑 Seize the Upside! Properties with a 13.4% cap rate and this level of multi-stream income versatility are rare. Don't miss out on adding this cornerstone asset to your portfolio. 💼💎

⚠️ OfferMarket listings are third-party listings. For your safety, please use the "Talk to Seller" feature built into each listing. This allows our team to review communications and helps prevent scams on the platform.

Resources:

327 Sheldon St

Photos of the property