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35 Research Pky 31,414 SF 100% Leased Flex Building Old Saybrook, CT 06475 $1,900,000 ($60.48/SF)

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INVESTMENT HIGHLIGHTS

  • Beautiful office space.
  • Overhead doors into warehouse space.

EXECUTIVE SUMMARY

Well-Maintained Light Industrial-Warehouse-Office property located on 2.96 Acres. Easy access location......close to Old Saybrook, CT Center and Conveniently Located near I-95 and Route 9 entrance ramps. Entire 31,414 SF available. Presently Tenant-occupied and moving. Very Flexible use with easy floor plan changes/configurations.......Present set-up; Office & Light Industrial (7,000 sf) and Warehouse (17,000 sf) on the First Floor. The second floor has (7,000 SF office/storage space) which has 2 access points to the 1st floor Warehouse area. There are 4 loading dock areas w/6 OH Doors 4 doors are 8x8, plus a 10x12 & one at 12x20. Road frontage of 500 ft on Research Parkway with 67 parking spaces surrounding the front and sides and back of the building along with additional space for several trucks. Very nice/clean property which was used for assembly of Commercial Lighting Fixtures shipped World-Wide.
Newly renovated with exterior painting

PROPERTY FACTS

Price $1,900,000
Price Per SF $60.48
Sale Type Investment or Owner User
Property Type Flex
Property Subtype Light Manufacturing
Building Class C
Lot Size 2.96 AC
Rentable Building Area 31,414 SF
No. Stories 2
Year Built 1975
Parking Ratio 1.31/1,000 SF
Clear Ceiling Height 21’
Zoning I1 - Light Industrial

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
OSAY-000039-000008-000005
Land Assessment
$364,900
Improvements Assessment
$994,000
Total Assessment
$1,358,900
  • Listing ID: 33048422

  • Date on Market: 9/3/2024

  • Last Updated:

  • Address: 35 Research Pky, Old Saybrook, CT 06475

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