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All Environmental Issues Have Been Resolved! 621 Boston Post Rd 4,256 SF Retail Building Old Saybrook, CT 06475 $990,000 ($232.61/SF)



EXECUTIVE SUMMARY
This property, which has been on the market for a while, due to a prior contract, environmental reviews, and remediation—are all now resolved
This property, which has been on the market for a while, due to a prior contract, environmental reviews, and remediation—are all now resolved. Connecticut Department of Energy and Environmental Protection (DEEP) has issued a “No Further Action” letter, confirming all remediation is complete (see brochure for documentation).
Presently this is an automotive repair facility that used to be a Gas Station. 6 Tanks were removed by owner July, 2019. 3 gas (3,000 gal each), 1 diesel (3,000 gal), 1 waste oil (550 gal), 1 fuel oil (550 gal). Clean environmental report. B-2 Zoned location. many uses allowed. Building # 1 = 1856 SF with 3 bay overhead doors, Ceiling height: 12 Ft. Building #2 (rear) = 2,400 SF with 2 overhead doors, Ceiling height: 18 Ft. Acres: 0.51. Heating: oil & waste oil / hot air. Taxes: $10,831. Items remaining: compressors, sign, storage containers, canopy, POS terminal, furniture, kerosene pump/tank, heaters. 200 amp electric service for both. Well & septic. City water is available. Frontage: 100 Ft. Traffic Count: 14,100. Next to intersection to Main Street & Old Saybrook Shopping Center. Abuts Burger King. Up the street from the train station.
This property, which has been on the market for a while, due to a prior contract, environmental reviews, and remediation—are all now resolved. Connecticut Department of Energy and Environmental Protection (DEEP) has issued a “No Further Action” letter, confirming all remediation is complete (see brochure for documentation).
Presently this is an automotive repair facility that used to be a Gas Station. 6 Tanks were removed by owner July, 2019. 3 gas (3,000 gal each), 1 diesel (3,000 gal), 1 waste oil (550 gal), 1 fuel oil (550 gal). Clean environmental report. B-2 Zoned location. many uses allowed. Building # 1 = 1856 SF with 3 bay overhead doors, Ceiling height: 12 Ft. Building #2 (rear) = 2,400 SF with 2 overhead doors, Ceiling height: 18 Ft. Acres: 0.51. Heating: oil & waste oil / hot air. Taxes: $10,831. Items remaining: compressors, sign, storage containers, canopy, POS terminal, furniture, kerosene pump/tank, heaters. 200 amp electric service for both. Well & septic. City water is available. Frontage: 100 Ft. Traffic Count: 14,100. Next to intersection to Main Street & Old Saybrook Shopping Center. Abuts Burger King. Up the street from the train station.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Service Station
Building Size
4,256 SF
Building Class
C
Year Built
1966
Price
$990,000
Price Per SF
$232.61
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.51 AC
Zoning
B2
Parking
25 Spaces (5.87 Spaces per 1,000 SF Leased)
Frontage
90’ on Boston Post Rd
AMENITIES
- Pylon Sign
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | OSAY-000037-000055 | Improvements Assessment | $211,100 |
| Land Assessment | $356,700 | Total Assessment | $567,800 |
PROPERTY TAXES
Parcel Number
OSAY-000037-000055
Land Assessment
$356,700
Improvements Assessment
$211,100
Total Assessment
$567,800
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All Environmental Issues Have Been Resolved! | 621 Boston Post Rd
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