699 Terryville AveBristol, CT 06010

  • Office properties
  • 8,320 SF
For Sale
$750,000 View listing

Property Details for 699 Terryville Ave

Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.77 AC
Property size (Sq ft)
8,320 SF
Zone code
BN
Property type
Office properties
Property subtype
Office buildings
APN
BRIS M:67 L:43-12
APU
BRISM67L4312

Description

This exceptional 12,000 square foot multi-tenant warehouse building presents a unique opportunity for owner-occupants or investors. Located at 699 Terryville Avenue in Bristol, Connecticut, this three-story property sits on a 0.77-acre lot and boasts a desirable location within Hartford County (zip code 06010). Built in 1988, the building features three suites, each approximately 4,000 square feet, currently all vacant. The main and second floors offer nicely finished office spaces, ideal for a variety of businesses. The lower level provides approximately 4,000 square feet of warehouse or storage space. The building benefits from a 12-foot ceiling height, ample parking with 30 spaces, and robust power (800 amp 120/208v). The property is zoned BN and offers significant potential for various commercial uses. This is a rare chance to acquire a well-maintained, versatile commercial property in a thriving Connecticut market. Don't miss this chance to secure a strong investment or establish your business in a prime location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,375,544
    6.5%
    $1,269,733
    7%
    $1,179,038
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,087,091
    Geo Method
    $1,087,091
  • Alternative Use

    Use
    Valuation
    Residential
    $1,574,469
    Hospitality
    $1,442,206
    Educational
    $1,199,898
    Medical
    $1,241,164
    Retail
    $1,866,508
699 Terryville Ave, Bristol, Connecticut

Location Insight

City
Bristol
County
Hartford
State
Connecticut
Latitude
41.6812
Longitude
-72.9742
CBSA code
25540
CBSA name
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$19,556
$98,560
$545,790
$644,350
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-
-
-

FAQs

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