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Commercial Building - 7,020 sq. ft. 50 Parum Rd 7,020 SF Retail Building Colchester, CT 06415 $995,000 ($141.74/SF)
Investment Highlights
- Rare Opportunity for Owner Occupant or Investor - 7,020 sq. ft. in Colchester Commercial District
- Paved onsite parking for +/- 33 cars immediately in front of building.
- Single Building - Single Level. +/- 5,300 sq. ft. open space with 12 ft. Ceilings. +/- 1,700 sq. ft. reception & office.
- Potential retail sales, services, educational, religious, day care....
Executive Summary
Rare Opportunity for Owner Occupant or Investor in busy Colchester Business District. Free Standing - Single Level commercial building containing +/- 7,020 sq. ft. on +/- 1.12 acre parcel of land constructed in 2012. Over 5,300 sq. ft. open space with 12 foot ceilings. +/- 1,700 sq. ft. reception and office. +/- 33 car paved parking. Central Air, Four (4) Restrooms. Currently utilized for indoor sporting activities. Town Center (TC) Commercial Zone. Ideal for retail sales, services, education, religious, day care or other commercial uses.
Occupancy is negotiable.
Occupancy is negotiable.
Property Facts
Sale Type
Investment
Property Type
Building Size
7,020 SF
Building Class
C
Year Built
2012
Price
$995,000
Price Per SF
$141.74
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.12 AC
Zoning
Commercial - TC - Town Commercial
Frontage
360’ on Parum Road
Nearby Major Retailers
Property Taxes
| Parcel Number | COLC-000013-000000-000001A | Improvements Assessment | $326,200 |
| Land Assessment | $121,500 | Total Assessment | $447,700 |
Property Taxes
Parcel Number
COLC-000013-000000-000001A
Land Assessment
$121,500
Improvements Assessment
$326,200
Total Assessment
$447,700
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Commercial Building - 7,020 sq. ft. | 50 Parum Rd
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