241 Park Ave - Manufacturing FOR SALE


East Hartford, CT 06108
$4,999,000 USD
860-378-4732
241 Park Ave, East Hartford, CT for Sale
$4,999,000 USD
Manufacturing - FOR SALE
1/24
null | Request Cap Rate

241 Park Ave
East Hartford, CT 06108


HIGHLIGHTS

  • central location in Greater Hartford market, heavy power, ability to rebuild freezer/ cooler, multiple docks, 22' ceilings.

OVERVIEW

Centrally located industrial property in the Greater Hartford Submarket with easy access to I-84, I-91 and 291, and 20 minutes from Bradley airport. Potential uses include warehouse, cultivation, cold storage / freezer, distribution or manufacturing. 22' to 24' ceilings. Flexible loading on two sides of the unit. Former freezer space could be re-established as freezer or refrigerated space. Potential for offices or showroom to be built if necessary. Heavy 3 phase, 800 amps power available with the potential of additional 2,000 amps. 9 loading docks & 1 drive-in door. B-3 zone allowing for multiple uses. Previously approved for Cannabis Cultivation/ Manufacturing. Paved parking. Existing railroad access could be restored. Available immediately. Insulated slab floor has been removed and compacted ready for new floor; available quotes and engineering to poor a new slab; (there is potential to poor the slab to accommodate freezer/ refrigerated space). New gas line available and stubbed to the building for heat. Additional columns have been installed to be able to sustain heavy HVAC related to cannabis cultivation requirements; approximately every other row of columns can be removed if necessary (engineered drawings available); new roof installed in 2024. The Unit is part of a Condo Association including one other unit under a separate ownership. A new sprinkler system to be installed based on new user’s needs and associated sprinkler design.

FOR SALE DETAILS

PRICE

$4,999,000 USD

PRICE/SF

$86 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Distribution, Refrigeration/Cold Storage, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

UTILITIES

Lighting, Gas - Natural, Water, Sewer, Heating

CLEAR CEILING HT

22 Ft

DOCKS

9

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2

LAND SF

87,120

ZONING

B-3

APN/PARCEL ID

EHAR-000026-000000-000325

ASK ABOUT THIS PROPERTY

Belinda SadikuReal Estate Advisory GroupMore Info
860-378-4732

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Belinda SadikuReal Estate Advisory GroupMore Info
860-378-4732

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