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10 Spielman Hwy 2,520 SF 100% Leased Industrial Building Burlington, CT 06013 $875,000 ($347.22/SF)
Investment Highlights
- Rare Commercial Opportunity in Burlington
- Corner Lot in High Traffic Area
Executive Summary
EXTREMELY RARE COMMERCIAL OPPORTUNITY for this amazing 4.5 acre corner lot on Rt. 4 and Rt. 179 in Burlington near the Farmington River. There is approximately 1300 feet of road frontage in an exceedingly high traffic area with an average daily traffic count of approximately 11,000. The lot secures public attention because of a traffic light at the intersection. It is difficult to pass by and not notice this location! This is a generational one family ownership property. There is an original brick building with a metal roof previously used as a woodworking shop. The bones of the building are solid but needs renovation and updating. The old wood shop has a charming rustic feel with a large front window looking onto the roadways. There are 2 garage bays with interior access and a 3rd garage bay with basement access. There is also a storage building at the rear. If renovation is not in your plans, the acreage will support new business opportunities. This is an exceptional development location in Farmington Valley.
Property Facts
| Price | $875,000 | Building Class | C |
| Price Per SF | $347.22 | Lot Size | 4.50 AC |
| Sale Type | Investment or Owner User | Rentable Building Area | 2,520 SF |
| Sale Condition | Redevelopment Project | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1960 |
| Property Subtype | Warehouse | ||
| Zoning | NB - Neighborhood Business | ||
| Price | $875,000 |
| Price Per SF | $347.22 |
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 4.50 AC |
| Rentable Building Area | 2,520 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Zoning | NB - Neighborhood Business |
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Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | BURL-000211-000000-000139 | Improvements Assessment | $58,170 |
| Land Assessment | $104,510 | Total Assessment | $162,680 |
Property Taxes
Parcel Number
BURL-000211-000000-000139
Land Assessment
$104,510
Improvements Assessment
$58,170
Total Assessment
$162,680
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10 Spielman Hwy
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