Deep River CT Real Estate & Commercial for Sale

This is a rare opportunity to acquire a fully stabilized retail asset in Downtown Deep River. Additional income generation is possible by monetizing 800sqft of unrented commercial space. Inside the past 5 years the owner has replaced the entire roof, upgraded the electrical service and replaced all of the furnaces. Upon leasing up the existing units along with the 800sqft space in the rear of the building, this property will appraise north of $1.2M. What this means for a potential buyer, is that through an all cash or bridge acquisition, they will be able to pull out 100% of their investment upon refinancing during the 12-24 month lease up period. The income analysis, location, walkability, and quintessential New England charm of downtown Deep River are all important considerations for buyers seeking a dream location for their small business. For non owner-operator investors the deal will provide stable returns and ease of management.

Small strip plaza consisting of 3 retail spaces, two garages(rented separately) a single family ranch with garage/storage (rented separately). all situated on 4 acres. Two of the spaces have longer term leases and the single family is yearly. Two beautiful ponds with picnic tables to enjoy your lunch and watch the beautiful blue heron at their nest in the rear of the property. Property is located on a state road which has a good traffic count per day. Many updates and renovations have been done to the property within the past 6 years. Come visit.

Excellent location! A gateway to the shoreline the scenic way. Deep River Market LLC a local landmark for years is now available for redevelopment. Build up or build around, 2.19 acres of level land with 324 ft road frontage on Main St. Rt 154. Public water connected with Gas and Sewer available. Potential for mini plaza, Affordable housing with anchor store, Deli-Pizza-Beer. Drive thru by special exception. Previous plans, survey available. VID Zoning regulations in documents. Near TID and RES zones. Cameras in use. Please respect owner, and their clients during business hours. By appointment only, See agent remarks

EXCITING NEWS, ARV has increased to $1.7 MILLION!!! We met with the town's building inspector and fire marshal for an on-site assessment, and they have expressed interest in seeing the 3rd Floor "Penthouse" get developed into rentable living space. The town needs about 30 days from application and submission of site plans to review the addition for approval. Pre-existing zoning regulations have been adjusted allowing the semi-finished third floor to be converted into a livable penthouse suite, and these revisions took effect on April 17, 2025. What's so great about this, is that we can now broker bridge financing that cuts the required down payment in HALF, for a total estimated Cash to Close of $230k. The beautiful new Penthouse suite will generate an additional $3,750 per month in rental income, pushing the ARV to $1.7 MILLION. This is a once in a life-time opportunity to purchase a Class B asset with very little down and potentially TAKE ALL OF YOUR CASH OUT OF THE DEAL upon closing the back end refinance, not to mention the 19% yearly return. DO NOT MISS OUT ON THIS EXTRAORDINARY OPPORTUNITY.