8 Summit StEast Hampton, CT 06424
- Mixed-use properties
- 4,666 SF
Property Details for 8 Summit St
- Year built
- 1938
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.21 AC
- Property size (Sq ft)
- 4,666 SF
- Zone code
- VC
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- EHAM M:06A B:61 L:2A
- APU
- EHAMM06AB61L2A
Description
This exceptional East Hampton, CT industrial property, located at 8 Summit Street, zip code 06424, offers 2,378 square feet of adaptable space ideal for a variety of uses. Built in 1938, this single-tenant Class D building boasts a convenient loading dock for efficient goods handling. The 9-foot ceilings provide ample room for equipment or storage, while robust 3-phase power ensures sufficient electrical capacity for demanding operations. Previously used as a machine shop, this versatile space is perfectly suited for contractors, manufacturers, or businesses requiring warehouse or distribution space. Its location in East Hampton, Connecticut offers easy access to key transportation routes and a thriving business community. The property's functional design and robust infrastructure provide a practical and efficient solution for businesses seeking to streamline their operations and expand their reach. This is a unique opportunity to acquire a well-located industrial property with significant potential for growth and profitability. The property's adaptable nature makes it an attractive investment for a wide range of businesses seeking a functional and efficient workspace. Contact us to schedule a viewing and explore the possibilities this property offers.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $771,429
- 6.5%
- $712,088
- 7%
- $661,225
-
Comparable approach
- Method
- Valuation
- Relative Method
- $609,660
- Geo Method
- $609,660
-
Alternative Use
- Use
- Valuation
- Residential
- $882,990
- Hospitality
- $808,814
- Educational
- $672,924
- Medical
- $696,066
- Retail
- $1,046,770
Location Insight
- City
- East Hampton
- County
- Middlesex
- State
- Connecticut
- Latitude
- 41.5758
- Longitude
- -72.5014
- 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
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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