346 Scott Swamp Rd

Retail-Commercial for Sale
Catylist Listing ID: 30322775
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 6,480 SF
Gross Land Area: 4.65 Acres
Sale Price: $690,000
Unit Price: $106.48 PSF
Ceiling: 10 ft.
Property Use Type: Investment, Vacant/Owner-User, Business
Usable Size (USF): 6,480 SF
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 12/7/2018

Overview / Comments

Great location on Route 6 19,000 cars per day traffic. Next to Cumberland Farms gas. Within 1/2 mile Tunxis CC, Five Guys, Discount Liquor, Walmart, Crowley Auto Group. Near Stevens Auto Group, Home Depot, ShopRite and main business district for Bristol. Great spot for restaurant or national chain. Rear is wetlands that can be used to offset zoning building/parking lot coverage requirements.
Agent: Will take NNN lease of $60,000 with 3% annual increase 20 Term. Current building is solid, but needs a gut remodel inside. The town will probably make the new owners hook up to gas,water and sewer that is in the street already to go.

Additional Details

Nearest MSA: Hartford-West Hartford-East Hartford
County: Hartford
Zoning: MIXED
Retail Clientele: General, Business
Property Visibility: Excellent
Largest Nearby Street: Plainville Ave. Rt 177
Feet of Frontage: 182
Traffic/Vehicle Count: 19,000
Highway Access: Straight shot to Rt 84.
Area Description: High income area.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 3,220 SF
Property Condition: Fair
Year Built: 1959
Roof Type: Flat
Construction/Siding: Block, Wood Frame, Wood Siding, Wood Shingle
Total Parking Spaces: 24
Parking Type: Surface
Parking Description: Large open lot. Slightly sloping for drainage.
Heat Type: Electricity, Oil
Heat Source: Central, Wall Units
Air Conditioning: Package Unit, Window Unit
Internet Access: Cable
Interior Description: top floor can be open with few interior columns.
Zoning Description: Multi zoned B1, R20 and R40. the R40 is wetlands and can be used to offset the Farmington Regulations for no more than 50% coverage. Wetlands are 5 feet plus below the basement floor level.
In Flood Plain?: Yes
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,718 61,678 140,467
Median Age: 45.45 41.9 41.06
Households: 4,605 26,030 57,812

Contact

Photograph of Listing Agent

Robert F Sawyer

Keller Williams Realty
CTCList Member
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