Professional Office Building for Sale - Owner User or Investment

Office for Sale
Catylist Listing ID: 30603633
Property Subtypes: Office Building
Condo? Yes
Building Size (RSF): 4,549 SF
Sale Price: $695,000
Property Use Type: Investment, Vacant/Owner-User
Building Name: Old Turnpike Corners Unit 1
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/23/2020

Overview / Comments

Goman+York is pleased to offer a unique owner/user-investor opportunity to acquire a conveniently located, multi-tenant office condominium just a short drive from Glastonbury Center. This building, Unit 1, is the most visible the 4-unit professional development known as “Old Turnpike Corners” office condominiums. Your clients and employees will appreciate the easily accessible private setting along with the numerous nearby amenities, restaurants and shops, as well as quick access to Route 2 East and West. In addition, the income from existing tenants makes this a very attractive investment vehicle.

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Additional Details

Nearest MSA: Hartford-East Hartford-Middletown
County: Hartford
Tax ID/APN: 3440CNDO0
Is Condo?: Yes
Property Visibility: Good
Highway Access: Easily accessible property via nearby Routes 2 and 17
Area Description: Very close to Glastonbury Center. Numerous nearby Amenities, Restaurants, and Shops as well as very convenient highway access.
Total Number of Buildings: 1
Number of Stories: 3
Year Built: 1972
Roof Type: Gable
Construction/Siding: Brick/Vinyl Siding
Parking Type: Surface
Sprinklers: None
Heat Type: Natural Gas
Air Conditioning: Package Unit
Internet Access: Cable
Zoning Description: Planned Business Development
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,527 41,582 162,593
Median Age: 41.31 42.73 39.31
Households: 1,583 16,930 64,992
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