Webster Commons

Retail-Commercial for Sale
Catylist Listing ID: 30622911
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 11,000 SF
Gross Building Area: See Agent
Sale Price: $2,899,000
Unit Price: $263.55 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/18/2020

Overview / Comments

The property is in the center of South Windsor directly across from Stop & Shop, CVS, Webster Bank and more. Close to Evergreen Walk, ECHN, the newly proposed Costco, Aldi Super Market and Chase Bank. Property has one of the two traffic signals in town center. The Core Zone allows up to 80% coverage with mixed use. Drive thru windows are allowed on the entire site. The land is also for lease for pad sites for a qualified lessee. All utilities are available. Existing approvals for 20,000 s/f of commercial and 10,000 s/f or apartments are approved. With an additional two acres that can add to the total square footage.

The VALUE is in the land!!!!

Additional Details

Nearest MSA: Hartford-East Hartford-Middletown
County: Hartford
Taxing Authority: town of South Windsor
Tax ID/APN: 64-49
Zoning: CORE ZONE/ RESTRICTED COMMERCIAL
Retail Clientele: Business
Property Visibility: Excellent
Largest Nearby Street: Buckland Road
Feet of Frontage: 600
Highway Access: access to I-84, I-91 and I-291 nearby.
Airports: Bradley
Site Description: Site has 600 feet of frontage with a traffic signal and all utilities. The land if flat and lightly wooded.
Area Description: This is in the center of town and on one of the highly traveled roads on a daily basis. Stop & Shop, CVS and many financial institutions near by.
Tenancy: Multiple Tenants
Total Number of Buildings: 4
Number of Stories: 1
Property Condition: Good
Construction/Siding: Brick/Vinyl Siding
Parking Type: Surface
Sprinklers: None
Heat Type: Natural Gas, Oil
Heat Source: Baseboard
Air Conditioning: Engineered System, Window Unit
Internet Access: Cable
Zoning Description: Restricted Commercial/Core Zone Retail/office
Lot Frontage: 600
Sewer Type: Municipal
Land Ownership: owned

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,404 45,949 145,529
Median Age: 42.72 40.1 39.39
Households: 2,575 18,768 60,099

Contact

Photograph of Listing Agent

Robert Urso

Murray Commercial Real Estate
CTCList Member
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