621 Boston Post Rd - Service Station FOR SALE


Old Saybrook, CT 06475
$925,000 USD
860-887-5000
621 Boston Post Rd, Old Saybrook, CT for Sale
$925,000 USD
Service Station - FOR SALE
1/31
null | Request Cap Rate

621 Boston Post Rd
Old Saybrook, CT 06475


HIGHLIGHTS

  • Located in a B-2 Business Zone with strong traffic counts and adjacency to national retail brands like Burger King and Stop & Shop.
  • Positioned on 0.51 acres along Boston Post Road with 100 feet of frontage and convenient access to Main Street, Old Saybrook Shopping Center, and the
  • Features two buildings: the front building with three drive-in bays and the rear building with two drive-in bays, both equipped with high ceilings and
  • Includes significant equipment such as POS terminal, compressors, storage containers, canopy, kerosene pump/tank, and heating systems.
  • A clean environmental report is on file, and six underground storage tanks were removed in 2019.
  • Owner has maintained an active gas license, allowing the property to be reused for fuel services.

OVERVIEW

Presently this is an automotive repair facility that used to be a Gas Station. 6 Tanks were removed by owner July, 2019. 3 gas (3,000 gal each), 1 diesel (3,000 gal), 1 waste oil (550 gal), 1 fuel oil (550 gal). Clean environmental report. B-2 Zoned location. many uses allowed. Building # 1 = 1856 SF with 3 bay overhead doors, Ceiling height: 12 Ft. Building #2 (rear) = 2,400 SF with 2 overhead doors, Ceiling height: 18 Ft. Acres: 0.51. Heating: oil & waste oil / hot air. Taxes: $10,831. Items remaining: compressors, sign, storage containers, canopy, POS terminal, furniture, kerosene pump/tank, heaters. 200 amp electric service for both. Well & septic. City water is available. Frontage: 100 Ft. Traffic Count: 14,100. Next to intersection to Main Street & Old Saybrook Shopping Center. Abuts Burger King. Up the street from the train station.

FOR SALE DETAILS

PRICE

$925,000 USD

PRICE/SF

$217 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Gas Station/Repair Facility/Retail on Route 1

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

B2

APN/PARCEL ID

OSAY-000037-000055

ASK ABOUT THIS PROPERTY

Ron LymanLyman Real Estate Brokerage & DevelopmentMore Info
860-887-5000

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Ron LymanLyman Real Estate Brokerage & DevelopmentMore Info
860-887-5000

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