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EXECUTIVE SUMMARY
Newly APPROVED for mixed use. An iconic c.1900 Essex commercial property for sale at the head of Main Street. The building is currently divided into two condominium units. Unit 'A' consists of 1,484 sf of first floor built-out office space with one half-bath. Unit 'B' comprises the second and third levels with a total of 3,060 sf of built-out office space and two half baths. Features include first class mechanical systems, break rooms, and a spacious second level conference room overlooking Main and Pratt Streets, with views down both to the CT river. The location is spectacular. Set on a gentle rise at the top of Main Street you have both a commanding presence and commanding views of the heart of the village. There is a gracious terrace and yard at the rear of the property. Adjacent to shops, restaurants, yacht clubs, marinas, galleries, and all of the historic charm Essex is so well known for. There is a private yard accessed directly from the second level or via staircase from the parking area. Recently approved for residential mixed use, combining a residence on the second and third levels, and office/retail space on the ground floor, retail on the first floor, residential on the second floor and office on the third level, or one single-family residence. Whatever your use, this solid well-maintained property will allow you to own a substantial piece of the pie in world renowned Essex village!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
4,037 SF
Building Class
C
Year Built
1925
Price
$795,000
Price Per SF
$196.93
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,346 SF
Slab To Slab
8’
Zoning
C-1 - Light Commercial
Parking
2 Spaces (0.5 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- BLP Enterprises, Inc
- Services
- -
- -
- -
- BLP Prop of CT LLC
- -
- -
- -
- -
- BLP Properties of CT
- -
- -
- -
- -
- BLP Properties of LLC
- Real Estate
- -
- -
- -
- Sensor Switch Inc
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| BLP Enterprises, Inc | Services | - | - | - | ||
| BLP Prop of CT LLC | - | - | - | - | ||
| BLP Properties of CT | - | - | - | - | ||
| BLP Properties of LLC | Real Estate | - | - | - | ||
| Sensor Switch Inc | Retailer | - | - | - |
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PROPERTY TAXES
| Parcel Number | ESSE-000031-000000-000028-A000000 | Improvements Assessment | $354,000 |
| Land Assessment | $0 | Total Assessment | $354,000 |
PROPERTY TAXES
Parcel Number
ESSE-000031-000000-000028-A000000
Land Assessment
$0
Improvements Assessment
$354,000
Total Assessment
$354,000
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3 Essex Sq
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