For Sale
$395,000

15 Palomba DrEnfield, CT 06082

Prime Enfield location, 3,129 sq ft.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 3,129-square-foot medical or executive office condo unit for sale at 15 Palomba Drive in Enfield, Connecticut. Located in a convenient location, less than half a mile from I-91, between routes 220 and 190, this single-story building offers easy access to major transportation arteries. The property boasts a desirable 3.48 parking ratio per 1,000 square feet, ensuring ample parking for staff and clients. Currently leased until April 30, 2026, this presents a strong owner-user opportunity or a compelling investment prospect with a 10.75% cap rate. Built in 1986, the property sits on a 3.3-acre lot and is zoned BR. Condo fees cover essential services including gas heat, trash removal, janitorial services, landscaping, and snow removal, minimizing ongoing maintenance responsibilities. The property features a total of two units within a single building. The net rentable square footage is 3,129 square feet. This property is ideal for medical professionals or businesses seeking a well-maintained, conveniently located office space in a thriving area with high traffic volume (25,800 ADT) and excellent road frontage (292 feet). The property's strong leasehold and attractive cap rate make it a compelling investment opportunity.

Highlights

  • One available condo unit.
  • Single-story building.
  • 3.48 parking spaces per 1,000 square feet.
  • 25,800 Average Daily Traffic (ADT).
  • 292 feet of frontage.
  • Business Retail (BR) zoning.

Property Details for 15 Palomba Dr

Property type
Office properties, Medical offices
Square Feet
1,003 SF
Class
C
Year Built
1986
Buildings
1
Stories
1
Lot Size (sq. ft)
143,748 SF
Units
2

Location Insight

City
Enfield
County
Hartford
State
Connecticut
Latitude
41.99706248
Longitude
-72.57361701
15 Palomba Dr, Enfield, Connecticut

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15 Palomba Dr
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