15 N Washington St - Manufacturing FOR SALE


Plainville, CT 06062
$1,550,000 USD
860-618-3220
15 N Washington St, Plainville, CT for Sale
$1,550,000 USD
Manufacturing - FOR SALE
1/12
null | 9.5% Cap Rate

15 N Washington St
Plainville, CT 06062


HIGHLIGHTS

  • Owner will leaseback the entire building on a long term lease
  • Excellent location close to route 72 and Route 84
  • Upgraded energy features

OVERVIEW

This 38,000 square foot industrial building is presented as a seller-leaseback. The current owner requires the lease of the entire building for a period of at least 5 years. The seller is guaranteeing a 9+% CAP and is willing to manage the building for less than typical management fees. The building earns an annual income at $142K. There is a brand new freight elevator available as well as a ground floor overhead door for the ground level unit. The three-floors of industrial space have ample parking in the rear and provides the tenants with two additional, large overhead doors and a loading dock at the front of the building. New gas heating system has been installed by seller. Great income producing building in a great location near Route 84 to Hartford (20 minutes), New Britain (10 minutes), Waterbury (20 minutes).

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$51 USD /SF

CAP RATE

9.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1917

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

2

DRIVE INS

1

PARKING SPACES

30

LAND DETAILS

LAND ACRES

2.52

LAND SF

109,771

ZONING

GI

APN/PARCEL ID

PLAI-000025-F000000-000029

ASK ABOUT THIS PROPERTY

Diego QuinteroGreatCT CommercialMore Info
860-618-3220

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Diego QuinteroGreatCT CommercialMore Info
860-618-3220

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