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700 Sherman Ave 13,464 SF 100% Leased Industrial Building Hamden, CT 06514 $1,150,000 ($85.41/SF)
Investment Highlights
- Excellent Industrial Investment
- Power: 400 AMP/ 3-Phase Elective
- Ceiling Heights of 14’ to 18’
- Possible Building Expansion
Executive Summary
Excellent opportunity to acquire a 13,464 SF ± two-tenant light industrial building situated on 1.82 ± acres. This well-maintained investment property offers stable tenancy and features ceiling heights ranging from 14’ to 18’, providing flexibility for a variety of industrial users. The building includes two loading docks and one drive-in door, allowing for efficient shipping and receiving operations.
Strategically located with excellent visibility and frontage along Sherman Ave, the property offers convenient access to major roadways and nearby amenities. The site size also presents potential for future building expansion, making this an attractive opportunity for investors seeking long-term value.
Strategically located with excellent visibility and frontage along Sherman Ave, the property offers convenient access to major roadways and nearby amenities. The site size also presents potential for future building expansion, making this an attractive opportunity for investors seeking long-term value.
Property Facts
| Price | $1,150,000 | No. Stories | 1 |
| Price Per SF | $85.41 | Year Built | 1960 |
| Sale Type | Investment | Clear Ceiling Height | 16’ |
| Property Type | Industrial | No. Dock-High Doors/Loading | 2 |
| Lot Size | 1.82 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 13,464 SF | ||
| Zoning | M-1 | ||
| Price | $1,150,000 |
| Price Per SF | $85.41 |
| Sale Type | Investment |
| Property Type | Industrial |
| Lot Size | 1.82 AC |
| Rentable Building Area | 13,464 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Clear Ceiling Height | 16’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | M-1 |
Amenities
- Yard
- Storage Space
- Air Conditioning
Utilities
- Gas
- Water
- Sewer
- Heating
1 1
Somewhat walkable
30/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | HAMD-002928-000004 | Improvements Assessment | $378,630 |
| Land Assessment | $147,490 | Total Assessment | $526,120 |
Property Taxes
Parcel Number
HAMD-002928-000004
Land Assessment
$147,490
Improvements Assessment
$378,630
Total Assessment
$526,120
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700 Sherman Ave
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