124 Pomfret StPutnam, CT 06260

  • Industrial properties
  • 16,050 SF
For Sale
$1,595,000 View listing

Property Details for 124 Pomfret St

Year built
1959
Construction
CONCRETE
Lot size
2.29 AC
Property size (Sq ft)
16,050 SF
Property type
Industrial properties
Property subtype
Other industrial properties
APN
PUTN M:015 L:158 U:000
APU
PUTNM015L158U000

Description

This exceptional 16,050 square foot industrial building presents a unique investment opportunity in the thriving town of Putnam, Connecticut. Situated on a generous 2.29-acre lot, the property offers significant potential for a variety of commercial uses. The building itself boasts ceiling heights ranging from 10 to 16 feet, providing ample vertical space for diverse operations. Originally constructed for manufacturing, its adaptability makes it suitable for storage, warehousing, or other commercial ventures. The expansive lot provides additional space for yard storage, allowing for efficient operations and future expansion possibilities. The property's central location is a key advantage, offering convenient proximity to Main Street and the local hospital, ensuring easy access for employees and customers. Furthermore, its strategic location provides easy highway access, facilitating seamless transportation of goods and services. The property's riverfront potential opens exciting avenues for future development, such as multi-unit residential projects or a restaurant, subject to necessary town approvals. This is a rare chance to acquire a substantial property in a growing community, offering both immediate utility and significant long-term development prospects. The asking price is $1,595,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,037,288
    Hospitality
    $2,782,139
    Educational
    $2,314,707
    Medical
    $2,394,314
    Retail
    $3,600,656
124 Pomfret St, Putnam, Connecticut

Location Insight

City
Putnam
County
Windham
State
Connecticut
Latitude
41.9126
Longitude
-71.9137
CBSA code
49340
CBSA name
WORCESTER, MA-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
$10,313
$54,500
$269,900
$324,400
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-
-
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