Retail / Office / Warehouse Building on I-395 For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30443923
Property Subtypes: Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Parking Facility, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related
Building Size (RSF): 32,530 SF
Gross Land Area: 6.67 Acres
Sale Price: $1,700,000
Unit Price: $52.26 PSF
Ceiling: 14 ft.
Property Use Type: Investment, Vacant/Owner-User
Building Name: Former Motorsport Nation
Usable Size (USF): 32,530 SF
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 1/24/2020

Overview / Comments

Two story retail building with freight elevator. First floor 18,283 sf includes showroom, offices, warehouse and service area. Second floor 14,247 sf also includes showroom, and offices. Highly visible from I-395 and accessible from full interchange Exit 28.
Many potential uses. Formerly approved for 120 unit hotel on the paved surplus land. Masonry construction. For Sale $1,700,000. For Lease TBD.

PERMITTED USES: Office, Retail, Restaurant, Hotel, Auto Sales, Gas Station, Theater, Animal Hospital, Warehouse, Fitness Center, Tavern, Brewery, Brew Pub...

BY SPECIAL PERMIT: Shopping Center, Day Care, Oil Dealer, Flea Market, Convalescent Home...

I-395 Exit 28. Go south on Lathrop Road. On left, behind Wendy’s.

Attachments & Media

Additional Details

Nearest MSA: Worcester
County: Windham
Taxing Authority: Plainfield
Retail Clientele: General, Family, Business, Traveler
Property Visibility: Excellent
Feet of Frontage: 30
Traffic/Vehicle Count: 24,700
Highway Access: I-395 0.1 mile
Airports: Groton / New London 33.8 miles
Site Description: Overlook I-395
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 25
Typical SF / Floor: 14,000 SF
Property Condition: Good
Year Built: 2006
Roof Type: Flat
Total Parking Spaces: 150
Freight Elevators: 1
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: C-2 Commercial
Lot Frontage: 30
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 9,045 31,108
Median Age: 40.42 39.54
Households: 3,335 11,756


Photograph of Listing Agent

John E Jensen

Pequot Commercial
ECCPN Member
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