447 Naubuc AveGlastonbury, CT 06033

Property Details for 447 Naubuc Ave

Year built

2010

Property size (Sq ft)

1,420 SF

Property type

Office properties

Property subtype

Other office properties

APN

GLAS M:B4 B:4700 L:S0029 U:110

APU

GLASMB4B4700LS0029U110

Description

This exceptional 1,350 square foot commercial condo, located at 447 Naubuc Avenue #109 in Glastonbury, Connecticut, presents a fantastic opportunity for businesses seeking a convenient and accessible location. Built in 2012, this first-floor unit is part of a twelve-unit building and is currently vacant, ready for immediate occupancy. The asking price is $384,900, translating to $285.11 per square foot. Situated in Hartford County, this property boasts a prime location on Naubuc Avenue, offering easy access to major highways, making commuting a breeze. Its strategic position halfway between Boston and New York City, and a short ten-minute drive from Hartford, provides unparalleled connectivity to a large and diverse market. The property's traditional office layout, suitable for executive offices, is ideal for a variety of businesses seeking a professional and efficient workspace. The 06033 zip code ensures a desirable address within a thriving community. This is a rare opportunity to acquire a well-located, move-in ready commercial space in a highly sought-after area.

• CAP approach

  CAP return

  Valuation

  6%

  $234,768

  6.5%

  $216,709

  7%

  $201,230

• Comparable approach

  Method

  Valuation

  Relative Method

  $185,537

  Geo Method

  $185,537

• Alternative Use

  Use

  Valuation

  Residential

  $268,720

  Hospitality

  $246,146

  Educational

  $204,790

  Medical

  $211,833

  Retail

  $318,563

Location Insight

City

Glastonbury

County

Hartford

State

Connecticut

Latitude

41.7227

Longitude

-72.6261

CBSA code

25540

CBSA name

HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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