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251 Freestone Ave 13,311 SF Industrial Building Portland, CT 06480 $1,150,000 ($86.39/SF)
EXECUTIVE SUMMARY
This exceptional industrial property offers 1.54 acres of prime real estate in a central location right outside of Middletown. Featuring a NEW ROOF and over 13,000 sqft with three spacious bays, each equipped with a 16-foot high automatic overhead door and its own crane for handling heavy materials and equipment. Additionally, one bay includes an in-ground hydraulic lift. 18-foot ceilings offer ample vertical space, making it ideal for a wide range of industrial operations. With over an acre and a half there is lots of outdoor space for maneuvering and storing equipment. The owner has completed all necessary environmental remediation. We have a Phase 1 report available for review. Strategically located right outside of Middletown, this location offers convenient access to major highways and transportation routes. Whether you're handling large shipments, manufacturing complex products, or need an environment for equipment storage, 251 Freestone is a fantastic investment and opportunity!
PROPERTY FACTS
| Price | $1,150,000 | Rentable Building Area | 13,311 SF |
| Price Per SF | $86.39 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1962 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | No. Dock-High Doors/Loading | 1 |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 1.54 AC | ||
| Zoning | Industrial Zone - Legal, Non-conforming building lot of record | ||
| Price | $1,150,000 |
| Price Per SF | $86.39 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 1.54 AC |
| Rentable Building Area | 13,311 SF |
| No. Stories | 1 |
| Year Built | 1962 |
| Tenancy | Single |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | Industrial Zone - Legal, Non-conforming building lot of record |
UTILITIES
- Lighting
- Water
- Sewer
1 1
PROPERTY TAXES
| Parcel Number | PORT-000020-000000-000180 | Improvements Assessment | $321,020 |
| Land Assessment | $160,720 | Total Assessment | $481,740 |
PROPERTY TAXES
Parcel Number
PORT-000020-000000-000180
Land Assessment
$160,720
Improvements Assessment
$321,020
Total Assessment
$481,740
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251 Freestone Ave
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