24 School St - Office FOR SALE


East Granby, CT 06026
$1,695,000 USD
860-651-2111
24 School St, East Granby, CT for Sale
$1,695,000 USD
Office - FOR SALE
1/4
null | Request Cap Rate

24 School St
East Granby, CT 06026


HIGHLIGHTS

  • Level lot, water, sewer and gas available, easy access to Route 20, I-91, Bradley Int Airport
  • Walk to town center

OVERVIEW

The Master Plan for the Village Center in East Granby includes the welcomed up-zoning of the central area to attract investment, create vibrancy, and the demand required to support existing businesses and attract new investments. East Granby is encouraging new development, higher density multi-family housing, both in and near the Village Center. The 24-30 School Street offering is located at the Rt. 20 node gateway to the developing Village Center. Zoned VC, this highly unique 10.8-acre assembly has roughly 7 acres net of wetlands and setbacks. A conceptual drawing has be generated for 109 apartments in 4 buildings. The Permitted Uses in VC zone also include retail, business offices, banks, and full-service restaurants. Conveniently situated minutes from Bradley International Airport, between Hartford, Connecticut and Springfield, Massachusetts, this site offers a rare opportunity to get into a growing market on the ground floor. Access to public MDC water, East Granby WPCA sewer and natural gas are to the edge of the site.

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$118 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1857

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

10.79 AC

LAND SF

470,012 SF

ZONING

VC

APN/PARCEL ID

EGRA-000012-000000-000058

ASK ABOUT THIS PROPERTY

Nancy ReardonBerkshire Hathaway HomeServices NE PropertiesMore Info
860-651-2111

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Nancy ReardonBerkshire Hathaway HomeServices NE PropertiesMore Info
860-651-2111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.