Oxford Property Sells For $2.68M

OXFORD, CT — A leased industrial property in Oxford recently sold for $2,675,500, according to Godin Property Brokers LLC.

The property, at 2 Morse Road in the Oxford Industrial Park, includes a 33,000-square-foot office and industrial flex building on 3.96 acres, according to the brokerage.

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Ed Godin, of Godin Property Brokers, represented the seller, Pires Limited Partnership, in the sale. The buyer was described by the brokerage as a local investment group.

The building is leased to Morse Watchmans Inc., a company that provides key control and asset management systems. Morse Watchmans lists its U.S. office at 2 Morse Road in Oxford.

Marketing materials for the property described it as a leased investment property with a net operating income of $288,000 and an asking price of $2.895 million before the sale.