Residential Home on 1.4 Ac in B-4 Zone

Retail-Commercial for Sale
Catylist Listing ID: 29977260
Property Subtypes: Free-Standing Building, Garden Center, Mixed Use, Retail-Pad, Street Retail, Other
Building Size (RSF): 2,371 SF
Gross Building Area: See Agent
Sale Price: $950,000
Unit Price: $400.67 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 10/17/2017

Overview / Comments

This property is just off I-95 directly across from the Auto Mall. Presently it is a 2,371 SF single family home which was completely rebuilt in 1992. There is an additional 837 SF building on the property. This property would be ideal for professional offices or adult or child daycare. Prior to the rebuild, it was a group home. See permitted and special exception uses for the B-4 zone in the property brochure document.

Additional Details

Nearest MSA: Hartford-West Hartford-East Hartford
County: Middlesex
Zoning: B-4
Property Visibility: Fair
Largest Nearby Street: Route 1
Feet of Frontage: 280
Traffic/Vehicle Count: 14,200
Highway Access: I-95. Extremely close.
Site Description: I-95 N to Exit 67, bear left under turnpike, property on right. I-95 S to Boston Post Rd. (Rte. 1) to light. Right turn under turnpike, property on right across from Old Saybrook Auto Mall.
Area Description: Middlesex Tpk is Route 154, the main road that leads to Essex. Next to I-95 and many auto malls. Close to Route 1.
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Average

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,317 17,227 30,969
Median Age: 43.67 49.97 49.04
Households: 455 7,389 13,185
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