For Sale
$1,999,999

2 Commerce DrNorth Branford, CT 06471

21,320 SF Warehouse, $1.9M

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 21,320-square-foot industrial building in North Branford, Connecticut, presents a compelling owner-user or investment opportunity. Situated on a 2.07-acre lot with 400+ feet of frontage on Route 22/80, this Class B property boasts a single-story structure built in 1980 and features a mix of manufacturing and warehouse space. Currently 50% leased, there's 10,820 square feet available for lease, including 1,500 square feet of office space. The building offers excellent features including 18-foot ceiling heights in areas, one loading dock with potential for a second, three drive-in overhead doors (two 8x8 feet and one 10x10 feet), and a new load leveler. A new 20-ton HVAC system serves half the building, with a second 20-ton unit to be installed soon. The roof is suitable for solar panel installation. The property is zoned I-2 and provides ample parking. The asking price is $1,999,999, with a lease rate of $7.95 per square foot, NNN. This prime location offers exceptional visibility and accessibility, making it an ideal choice for a variety of industrial businesses. The property includes three-phase power (600 amps on each side of the 10,000+ SF spaces) and two meters in each space.

Highlights

  • $1,999,999 asking price for a 21,320 square foot industrial building.
  • 2.07-acre lot in North Branford, CT, zoned I-2.
  • 50% occupancy, with 10,820 square feet available for lease.
  • Features include 1 loading dock, 3 drive-in doors, 18-foot ceiling height, and ample parking.
  • Building improvements include a new load leveler and a new 20-ton HVAC system (with a second to be installed).

Property Details for 2 Commerce Dr

Property type
Warehouses, Industrial properties
Square Feet
21,320 SF
Class
B
Year Built
1980
Buildings
1
Stories
1
Lot Size (sq. ft)
90,169 SF

Location Insight

City
North Branford
County
New Haven
State
Connecticut
Latitude
41.32477197
Longitude
-72.77499853
2 Commerce Dr, North Branford, Connecticut

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2 Commerce Dr
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