$1,000,007
$225,000
344.4%For more information regarding the value of a property, please contact us for a free consultation.
10,048 SqFt
SOLD DATE : 10/02/2024
Key Details
Sold Price $1,000,007
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 10,048 sqft
Price per Sqft $99
MLS Listing ID 24029942
Sold Date 10/02/24
Year Built 1948
Annual Tax Amount $13,278
Lot Size 0.360 Acres
Property Description
rice stated is starting bid at auction on 8-12. 453 New Park Avenue is a fully occupied industrial/manufacturing/warehouse in affluent West Hartford, Connecticut. The asset is perfectly suited for many potential uses, including repurposing for retail use as it is located adjacent to many national retailers. The property is currently fully occupied by a furniture company that has been in the building for 30+ years and uses the entire 10,084 square feet. Upon sale, the current owner will lease back the property for one year $100K, triple-net lease. Built in 1948 and maintained over the years, this asset is the perfect opportunity for an owner/user of industrial or retail use. The entire square footage is spread out across one story with a 0.36-acre lot. The property comes equipped with heavy power, high ceilings, and two loading dock doors directly off Exit 45 with excellent visibility and access.
Location
State CT
County Hartford
Zoning BG
Interior
Heating Hot Air, Radiator
Cooling None
Exterior
Utilities Available Electric, Gas, Telephone, Cable
Roof Type Rubber
Building
Lot Description Level Lot
Sewer Public Sewer Connected
Water Public Water Connected
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Bought with Michael Guidicelli • Regions Real Estate Advisors