For Sale
$1,375,000

575 Middle Tpke Mansfield, CT 06268

Storrs, CT: Prime Retail Location

Overview

Added:
Dec 11, 2024
Days on market:
134
This 1,953 sq ft former gas station, situated on a 0.8-acre lot in Mansfield, CT, is available for $1,375,000. Located on Route 44 with 188 feet of frontage, it boasts high visibility to 14,600 daily vehicles. Its proximity to the University of Connecticut campus and the new UCONN Technology Park ensures high foot traffic. The property, built in 1968, is zoned Planned Business 3, allowing for various retail and service uses. With an average household income of $86,505 within a 5-mile radius, this location offers strong demographic potential. Annual property taxes are $5,444. The site also offers convenient access to Storrs Road (Route 195). This is a prime opportunity for investors seeking a high-traffic retail location near a major university and a thriving technology park. The property's size and zoning provide flexibility for a range of business ventures. The asking price reflects the property's strategic location and potential for significant return on investment. A lease option is also available at $87,500 per year, NNN.

Highlights

  • 1,953 SF former gas station on 0.8-acre lot in Mansfield, CT.
  • $1,375,000 asking price; $87,500/year NNN lease available.
  • High-visibility location on Route 44 with 188 feet of frontage and 14,600 daily vehicles.
  • Prime retail location near UConn campus and new UConn Technology Park, zoned PB3 (Planned Business).
  • Annual property taxes: $5,444; Average household income within 5-mile radius: $86,505.

Property Details for 575 Middle Tpke

Property type
Retail properties, Grocery and convenience stores
Square Feet
1,953 SF
Year Built
1968
Stories
1
Lot Size (sq. ft)
3,485 SF

Location Insight

City
Mansfield
County
Tolland
State
Connecticut
Latitude
41.8253783
Longitude
-72.2718849

FAQs

What type of property is this?
Retail property - Storrs, CT: Prime Retail Location
Where is the retail property located?
The property is located at 575 Middle Tpke Mansfield, CT.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: 1,953 SF former gas station on 0.8-acre lot in Mansfield, CT.; $1,375,000 asking price; $87,500/year NNN lease available.; High-visibility location on Route 44 with 188 feet of frontage and 14,600 daily vehicles.
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575 Middle Tpke
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