1105 Northrop Rd - Industrial FOR SALE


Wallingford, CT 06492
$699,000 USD
917-952-4910
1105 Northrop Rd, Wallingford, CT for Sale
$699,000 USD
Industrial - FOR SALE
1/12
null | Request Cap Rate

1105 Northrop Rd
Wallingford, CT 06492


OVERVIEW

Discover the possibilities with this truly unique property set on 1.75 acres in a mixed-use area. Enjoy a private, peaceful setting with a beautiful pond while having the flexibility of both residential and commercial space. The recently renovated commercial building features a new roof, windows, and vinyl siding, along with its own dedicated parking area. The interior includes a spacious work area, office, kitchen, and two bathrooms. The current tenant has replaced the overhead doors with patio doors, but the original overhead doors can be restored if desired. The space is currently leased, providing immediate rental income, and the tenant would like to remain. If the new owner prefers to use the space personally, the tenant is prepared to relocate. Previously used as a preschool, this versatile building offers many potential uses. The residential property offers even more flexibility. Originally designed as a single-family home, it is currently configured with two separate living areas, each with its own entrance, kitchen area, and living spaces. While the home may benefit from some updating, it features a newer furnace and mini-splits. Whether you're looking for an investment property, a live/work setup, additional rental income, business space, or a property with room to explore your own ideas, this one offers an exceptional combination of location, privacy, and versatility. See residential listing for additional photos and residential property information. Easy 91 access.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$405 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1929

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.75

LAND SF

76,230

ZONING

IX

APN/PARCEL ID

WALL-000041-000000-000001

ASK ABOUT THIS PROPERTY

Richard TaborBerkshire Hathaway HomeServices New EnglandMore Info
917-952-4910

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Richard TaborBerkshire Hathaway HomeServices New EnglandMore Info
917-952-4910

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