Retail/Commercial Building

Retail-Commercial for Sale
Catylist Listing ID: 30724413
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 4,800 SF
Gross Land Area: 0.47 Acres
Sale Price: $375,000
Unit Price: $78.13 PSF
Ceiling: 11.8 ft.
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 4/16/2021

Overview / Comments

4,800 sq.ft. retail building with 2 economic units with separate restrooms, HVAC, and electric. 2,800 sq.ft. Unit A is available for occupancy and has a loading dock with overhead door, restroom and shower. 11.8 ft clear ceiling. 2,000 sq.ft. Unit B is leased and has a drive in overhead door and restroom. Separate HVAC for each unit, gas heat/ac and separate electrical services. Front and rear parking, large pole sign near street, shared entrance/exit with adjacent retail building. High traffic and visibility. Ideal for Owner User or Investment. Next door to Peoples United Bank and near TD Bank. Close to Route 72.

Additional Details

Nearest MSA: Hartford-East Hartford-Middletown
County: Hartford
Tax ID/APN: 39-71-2
Retail Clientele: General
Property Visibility: Excellent
Feet of Frontage: 98
Traffic/Vehicle Count: 8,600
Highway Access: Route 72 is close.
Site Description: Open, paved for parking, High visibility.
Area Description: Commercial,Banking, Industrial, some residential
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1988
Roof Type: Hip
Construction/Siding: Metal Siding
Exterior Description: Mostly parking with pole sign and small landscaped area.
Total Parking Spaces: 24
Parking Type: Surface
Parking Description: front and rear spaces
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Ceiling Units
Air Conditioning: Other
Interior Description: Open, ready to be built out to suit
Zoning Description: BG Business General
Lot Frontage: 98
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Easements Description: Shared entrance/exit with adjacent retail building

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,071 76,748 126,152
Median Age: 39.81 41.25 41.91
Households: 5,913 32,259 51,736


Photograph of Listing Agent

Joel Witkiewicz, CCIM

Advance Realty CT, LLC CTCList Member
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