49 Boston Post RdWaterford, CT 06385

  • Other commercial real estate
  • 7,492 SF
For Lease
$6,000/SF/YR View listing

Property Details for 49 Boston Post Rd

Year built
2018
Construction
FRAME
Lot size
0.60 AC
Property size (Sq ft)
7,492 SF
Zone code
C-G
Property type
Other commercial real estate
Property subtype
Showrooms
APN
WFRD M:134 L:539
APU
WFRDM134L539

Description

This exceptional 110-square-foot office space is available for lease in Waterford, CT, at 49 Boston Post Road. Located on the second floor of a two-story, 2018-built building, this traditional office offers a private, single-room setup ideal for a small business or individual professional. The building is zoned C-G and sits on a 0.6-acre lot, providing ample parking in a dedicated parking lot. While there is no elevator, the space is easily accessible. All utilities are included in the lease, making budgeting simple and predictable. Shared amenities include a large kitchen and a conference room, accessible by scheduling with the building receptionist. Restrooms are conveniently located in the hallway. A total of 140 square feet is currently vacant within the building, indicating potential for expansion or additional space becoming available in the future. This is a fantastic opportunity to secure a well-maintained, modern office space in a convenient location. The property offers a blend of privacy and shared amenities, making it an attractive option for various professional needs. The building's modern construction and included utilities contribute to a low-maintenance and cost-effective workspace.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,820,818
    6.5%
    $1,680,755
    7%
    $1,560,701
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,466,840
    Geo Method
    $2,466,840
  • Alternative Use

    Use
    Valuation
    Residential
    $1,417,779
    Hospitality
    $1,298,678
    Educational
    $1,080,485
    Medical
    $1,117,645
    Retail
    $1,680,755
49 Boston Post Rd, Waterford, Connecticut
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Location Insight

City
Waterford
County
New London
State
Connecticut
Latitude
41.3424
Longitude
-72.1174
CBSA code
35980
CBSA name
NORWICH-NEW LONDON, 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
$17,547
$164,370
$663,330
$827,700
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FAQs

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