353 Alumni RdNewington, CT 06111
- Industrial properties
- 622,262 SF
Property Details for 353 Alumni Rd
- Year built
- 1956
- Construction
- BRICK
- Lot size
- 47.95 AC
- Property size (Sq ft)
- 622,262 SF
- Zone code
- I
- Property type
- Industrial properties
- Property subtype
- Manufacturing properties
- APN
- NEWI M:9 B:303 L:0
- APU
- NEWIM9B303L0
Description
This exceptional 614,600-square-foot industrial property, built in 1965 and renovated in 2012, offers a single-story building with 18-foot ceilings and ample space for manufacturing, warehousing, or distribution. Currently, up to 141,000 contiguous square feet is available for lease, with a minimum divisible space of 55,000 square feet. The property boasts eight loading docks, eight dock-high doors, and three drive-in doors, ensuring efficient loading and unloading. Power is provided by a robust 1200-amp, 230/480-volt, 3-phase system. The building features approximately 750 square feet of existing office space, with the potential to expand as needed. Located in a desirable Newington business corridor, this property offers convenient access to major highways, including Route 9, I-91, and I-84, providing easy access to major Northeast, Mid-Atlantic, and Midwest markets. The property is zoned I, and its expansive lot provides ample room for operations. The building's layout allows for flexible configurations, including potential limited cross-docking capabilities. Separate office and staff entrances enhance security and convenience. This is a prime opportunity for businesses seeking a well-maintained, strategically located industrial space with excellent highway access.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $117,756,312
- Hospitality
- $107,864,144
- Educational
- $89,741,704
- Medical
- $92,828,056
- Retail
- $139,598,208
Location Insight
- City
- Newington
- County
- Hartford
- State
- Connecticut
- Latitude
- 41.7055
- Longitude
- -72.7363
- CBSA code
- 25540
- CBSA name
- HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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