486 Silas Deane Hwy (Former Farmington Bank)

Retail-Commercial for Sale
Catylist Listing ID: 30394806
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad
Building Size (RSF): 1,698 SF
Gross Land Area: 0.62 Acres
Sale Price: $600,000
Unit Price: $353.36 PSF
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 1,698 SF
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 8/21/2019

Overview / Comments

O,R&L Commercial is pleased to reduce the price on 486 Silas Deane Highway, Wethersfield, CT to $600,000 for Sale. This former bank is a 1,698 SF retail building is easily accessible from I-91 and Rt. 3. The site is a highly visible location with high traffic of 19,800 ADT and a signalized intersection. The property was renovated in 2011 and has ample parking, a drive-thru and 2 curb cuts.

Attachments & Media

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $31,409 (Annual)
Assessed Value - Total($) $770,950 (Annual)

Additional Details

Nearest MSA: Hartford-West Hartford-East Hartford
County: Hartford
Tax ID/APN: 09003159-207046
Zoning: GB
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Visibility: Excellent
Largest Nearby Street: Silas Deane Highway
Traffic/Vehicle Count: 19,800
Highway Access: I-91
Airports: Bradley International Airport
Site Description: Drive-thru. Signalized intersection. 2 curb cuts
Area Description: I-91, Exit 25S. Right onto Silas Deane Highway.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,698 SF
Property Condition: Excellent
Year Built: 2006
Year Renovated: 2011
Roof Type: Gable
Construction/Siding: Wood Frame
Total Parking Spaces: 14
Parking Type: Surface
Sprinklers: Wet
Heat Type: Natural Gas, Oil
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: GB
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,225 115,743 294,249
Median Age: 41.24 37.27 38.05
Households: 3,835 44,210 116,537

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