444 Hartford PikeKillingly, CT 06241

Property Details for 444 Hartford Pike

Year built

1922

Construction

FRAME

Lot size

1.50 AC

Property size (Sq ft)

20,712 SF

Zone code

MMUDD

Property type

Mixed-use properties

Property subtype

Other industrial properties

APN

KILL M:107 B:68

APU

KILLM107B68

Description

This exceptional commercial property located at 444 Hartford Pike in Killingly, Connecticut presents a significant investment opportunity. The expansive building boasts a substantial 25,096 square feet of versatile space, ideal for a variety of commercial uses. Situated on a generous 1.5-acre lot, the property offers ample room for expansion, parking, or outdoor operations. The building's size and layout provide significant flexibility for businesses seeking a large footprint. Its location in Killingly offers convenient access to major transportation routes, ensuring easy commutes for employees and clients. The asking price of $450,000 represents a compelling value for a property of this scale and potential. This is a rare chance to acquire a substantial commercial property in a desirable location, ready for immediate occupancy or customized development to meet specific business needs. Serious inquiries are encouraged to explore the possibilities this property offers. The property is zoned for general commercial use, providing a wide range of potential applications. The substantial square footage allows for multiple tenants or a single large-scale operation. Don't miss this opportunity to secure a prime commercial asset in a thriving Connecticut community.

• CAP approach

  CAP return

  Valuation

  6%

  $4,246,147

  6.5%

  $3,919,520

  7%

  $3,639,555

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,194,656

  Geo Method

  $4,194,656

• Alternative Use

  Use

  Valuation

  Residential

  $3,919,520

  Hospitality

  $3,590,260

  Educational

  $2,987,054

  Medical

  $3,089,783

  Retail

  $4,646,528

Location Insight

City

Killingly

County

Windham

State

Connecticut

Latitude

41.8473

Longitude

-71.8889

CBSA code

49340

CBSA name

WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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