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

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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