819-821 Maple Ave

Office for Sale
Catylist Listing ID: 30648493
Property Subtypes: Mixed Use
Building Size (RSF): 2,400 SF
Gross Building Area: 2,574 SF
Gross Land Area: 8,520 SF
Sale Price: $224,900
Unit Price: $93.71 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Class of Space: Class C
Usable Size (USF): 2,400 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/9/2020

Overview / Comments

MX-1 Zone - Mixed use 2 family with commercial space on first floor and residential unit on the second floor. Potential for medical (former dentist office), office, residential or retail uses. Currently used as an insurance agency office. Ample parking for about 8 cars in the rear lot. Residential unit (MTM for 27 years) has 2 beds, 1 full bath, large kitchen, combined dining room and living room with sun porch. Commercial unit on first floor has 3 offices in a semi-open floor plan, storage room, reception area and area for admin to work and 1 full bath. Can comfortably office 4-5 employees. Separate electric meters, common gas and water meters. AC for the office space and window cooling at the residential unit. Garage roof replaced in 2020 and main roof is approximately 15 years old. Double pane windows and siding were installed when building was purchased 20 years ago. 2 car detached garage could provide additional income for storage.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $6,256 (Annual)
Assessed Value - Total($) $84,210 (Annual)

Additional Details

Nearest MSA: Hartford-East Hartford-Middletown
County: Hartford
Tax ID/APN: 231655016
Zoning: MX-1
Property Visibility: Excellent
Highway Access: Maple Ave to Berlin Turnpike and Route 5 ext to I91
Area Description: Densely populated residential commercial area
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 1,200 SF
Year Built: 1920
Year Renovated: 2000
Roof Type: Gable
Construction/Siding: Wood Frame
Exterior Description: White vinyl siding with white vinyl clad double pane windows installed in 2002
Parking Type: Structure, Surface
Parking Description: parking for 6-8 cars, 2 car detached garage
Total Parking Spaces: 8
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Baseboard, Central
Air Conditioning: Package Unit, Window Unit
Internet Access: Cable
Interior Description: 1st floor commercial office, 2nd floor residential
Zoning Description: multi use mixed
Lot Frontage: 45
Lot Depth: 169
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 44,666 165,247 325,043
Median Age: 31.7 35.17 36.92
Households: 14,928 65,430 125,935

Contact

Photograph of Listing Agent

Dale Reese

Reese & Company Real Estate LLC
CTCList Member
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