2 Highway 7

Sharon, CT 06754

$508,500
Last Sold Price
1
Beds
1
Bath
1
1/2 Bath
3,029 Sq. Ft.
$168 / Sq. Ft.
3,029
Sq. Ft.
$168
per Sq. Ft.

Description

Turnkey Commercial / Residential Property Near Cornwall Bridge - A fully renovated commercial building near Cornwall Bridge in Sharon offers great income potential. The residentially zoned, pre-existing non-conforming property has approved commercial use as a Nursery, Antique Store, or Bakery. The large open floor plan contains 3 retail units with tenants open to staying. There is also a separate 1 bedroom, 1 bathroom apartment currently tenanted. Together the 4 units generate $42,000 in annual income....Turnkey Commercial / Residential Property Near Cornwall Bridge - A fully renovated commercial building near Cornwall Bridge in Sharon offers great income potential. The residentially zoned, pre-existing non-conforming property has approved commercial use as a Nursery, Antique Store, or Bakery. The large open floor plan contains 3 retail units with tenants open to staying. There is also a separate 1 bedroom, 1 bathroom apartment currently tenanted. Together the 4 units generate $42,000 in annual income. The apartment was renovated 4 years ago and the rest was gutted to studs with a full renovation completed in 2022. Brand new mechanicals, central air, well pump, main electric service and breaker panel, spray foam insulation in ceilings and walls. Highlights include a great location near the bridge, solid tenants in place, and recent top-to-bottom renovation maximizing income potential. Zoning allows for continued commercial use. This is a rare opportunity to acquire an updated commercial property with built-in income in an attractive rural setting. Any potential use should be discussed with Sharon Building and Zoning
  1. Listed by Liza C Reiss • Elyse Harney Real Estate
    P: (860) 671-0288 C: (860) 6710288 lreiss@harneyre.com
  2. Listed by Holly M Leibrock • Elyse Harney Real Estate
    P: (860) 2480117 C: (860) 2480117 holly@harneyre.com

Property Details for 2 Highway 7

Basement Description
None
Direct Waterfront
No
Garages Number
0
Neighborhood
N/A
Style
Other
Garage Parking Info
Unpaved, Off Street Parking
Swimming Pool
No

Location

Listing Courtesy of Elyse Harney Real Estate, Liza C Reiss; Elyse Harney Real Estate, Holly M Leibrock

Sold By William Pitt Sotheby's Int'l, Daniel Kramp; William Pitt Sotheby's Int'l, Daniel Kramp

Add your commute
LISTING UPDATED: 09/23/2023 02:30 AM

Property Details for 2 Highway 7

StatusClosed
MLS #170585356
Days on Market57
Taxes$3,169 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential
Year Built1973
Lot Size0.60 AC / 26,136 SF
CountyLitchfield County

Location

Listing Courtesy of Elyse Harney Real Estate, Liza C Reiss; Elyse Harney Real Estate, Holly M Leibrock

Sold By William Pitt Sotheby's Int'l, Daniel Kramp; William Pitt Sotheby's Int'l, Daniel Kramp

Add your commute

Building Information for 2 Highway 7

Stories-Year Built1973Building Size-Lot Size0.60 AC / 26,136 SF

Payment Calculator

$3,039 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,775

Property Taxes

$264

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2 Highway 7

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS Friendly
  • Elementary School: Sharon Center
  • High School: Housatonic
  • Latitude: 41.910738
  • Longitude: -73.364633
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Special Association Assessment: No
  • Property Tax: $3,169
Virtual Tour
  • Virtual Tour: No
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Appliances Included: Oven/Range, Refrigerator
  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Attic YN: No
  • Fireplaces Total: 0
  • Room Count: 3
  • Rooms Total: 3
Room 1
  • Room Entry Order: 1
  • Room Level: Main
  • Room Type: Bedroom
Room 2
  • Room Entry Order: 2
  • Room Level: Main
  • Room Type: Full Bath
Room 3
  • Room Entry Order: 3
  • Room Level: Main
  • Room Type: Half Bath
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Wood
  • Foundation Type: Slab
  • Fuel Tank Location: Non Applicable
  • Gross SQFT Per Public Records: 3213
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1973
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Sq Ft Description: 1 Bedroom Apartment 484 sq.ft
  • Sq Ft Est Heated Below Grade: 484
  • Living Area SQFT Per Public Records: 2545
Lot Information
  • Lot Description: Professionally Landscaped
  • Parcel Number: 873539
  • Sq Ft Est Heated Above Grade: 2545.0
  • Sq Ft Total: 3029.0
  • Zoning: 2
Utilities
  • Heat Fuel Type: Propane
  • Hot Water Description: Electric
  • Sewage System: Septic, Cesspool
  • Water Source: Private Well
Multi Family
Unit 1
  • Listing Key: 00DBC2B1EF80055AE063D501100A4EED
Unit 2
  • Listing Key: 00DBC2B1EF80055AE063D501100A4EED
Unit 3
  • Listing Key: 00DBC2B1EF80055AE063D501100A4EED

Property History for 2 Highway 7

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2 Highway 7

Taxable ValueLand$57,800Additions$162,300Total$220,100
Tax Record2023$3,169 ($264 / month)
Home Facts
Baths1.5Total Finished SqFt2,545 SqFtAbove Grade Finished SqFt2,545 SqFtStories2Lot Size26,136 SqFtStyleMiscellaneous CommercialYear Built1973Zoning2CountyLITCHFIELDAPNSHAR M:0007 B:0037 L:0000

Schools near 2 Highway 7

This home is within Regional School District 01.
Rating
School
Type
Grades
Distance
Public - 2 to 5
Public - PK to 8
Public - 9 to 12
Public - 2 to 5
Rating
School
Distance
Leapss
Public2 to 5

Sharon Center School
PublicPK to 8

Housatonic Valley Regional High School
Public9 to 12

Total
Public2 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Elyse Harney Real Estate, Liza C Reiss; Elyse Harney Real Estate, Holly M Leibrock

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.