Industrial Building For Sale

Industrial for Sale
Sale Pending
Catylist Listing ID: 30237458
Property Subtypes: Free-Standing, Industrial-Business Park, Light Industrial, Warehouse/Distribution
Status: Pending
Building Size (RSF): 76,657 SF
Gross Land Area: 24 Acres
Sale Price: $2,900,000
Unit Price: $37.83 PSF
Ceiling: 24 ft.
Docks/Doors: 4 Docks, 3 Doors
Office SF: 15,000 SF
Property Use Type: Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 11/13/2018

Overview / Comments

One of the last available quality industrial buildings in SE CT. The 76,657sf building on 24.27 acres was constructed in 1975 and renovated in 2011. The facility is fully air-conditioned and offers areas for manufacturing, office and warehousing. There are 4 loading docks that can easily handle 53’ trailers and 3 drive-in doors for van and panel truck deliveries and more. Column spacing is 50’ by 33’ providing flexibility of interior design. (A more complete list of details is contained in this brochure.) Abutting 16+/- acres available at $50,000/acre.

1 Winnenden Rd. offers numerous businesses an excellent opportunity to increase production and provide a high-quality work environment. Lifestyle and an able workforce accommodate most any business. New England abounds with its four seasons, beaches, parks, theatres…. Historic Mystic Seaport is a short drive away and major entertainment venues are found at Foxwoods and Mohegan Sun Casinos. Air and rail transportation are respectively located at Bradley Airport, CT and Green Airport, RI and nearby Norwich and New London, CT. Infrastructure is in good repair, trucking is facilitated via Route 32 & Route 2 and Interstates 395 & 95.
Good lifestyle, good workforce, good community, good place to conduct business and raise a family… great opportunity!

The asking price is $2,900,000.00 and reflects current market conditions. Offers are welcome.

DIRECTIONS:
FROM NORTH
Route 2 to Exit 27. Follow signs for Route 32 North. Take right onto New Park Ave., just past gas station. Road turns into Winnenden Rd. On left.

FROM SOUTH
I-395 Exit 13-B. Follow signs for Route 32 North. Take Exit 25, right onto Rte 32. Take right onto New Park Ave. Road turns into Winnenden Rd. On left.

Attachments & Media

Additional Details

Nearest MSA: Norwich-New London
County: New London
Zoning: BP BUSINESS PARK
Highway Access: Less than 3 miles to I-395, Routes 32 and 2.
Site Description: Abutting 16+/- acres available for $50,000/acre.
Area Description: Located in Norwich Business Park.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 12
Property Condition: Good
Year Built: 1975
Year Renovated: 2011
Total Parking Spaces: 83
Column Spacing: 50' x 33'
Sprinklers: Dry
Amps: 2,500
Volts: 277,480
X-Phase: 3
Heat Type: Natural Gas
Air Conditioning: Other
Zoning Description: BP Business Park
Lot Frontage: 751 on Winnenden Rd; 700+/- Wisconsin Ave.
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,259 15,423 46,815
Median Age: 35.52 40.65 38.94
Households: 607 6,387 19,009

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