125 Westbrook RdEssex, CT 06426

Property Details for 125 Westbrook Rd

Lot size

3.87 AC

Property type

Other commercial real estate

APN

ESSE M:67 B:002 L:01

APU

ESSEM67B002L01

Description

This exceptional retail investment opportunity in Essex, CT, presents two distinct spaces within the Bokum Center: a 6,217 square foot end-cap retail space and a separate 2,800 square foot freestanding building, formerly a bank, complete with a drive-thru. The Bokum Center, a 42,719 square foot shopping center situated at 125 Westbrook Road, benefits from a high-traffic location at a signalized intersection, offering excellent visibility and proximity to Route 9 (approximately 1.1 miles). The property features two buildings, each single-story, totaling nine suites. Currently, 18,564 square feet are vacant, offering significant potential for expansion or redevelopment. The property boasts 147 parking spaces and is served by 400-amp, 3-phase power. Strong, long-term tenants include Walgreens, Subway, Essex Wine & Spirits, SNAP Fitness, Euro Cleaners, Hong Kong Kitchen, and a new DG Market. The minimum divisible space is 2,800 square feet, with a maximum contiguous space of 3,323 square feet. The property sits on 3.87 acres of land and was built in 1979. The zoning is classified as "C". This presents a unique chance to establish a supermarket presence in the town or secure a standalone retail/office building. The property's location and existing tenant mix provide a strong foundation for success. The total building comprises 42,719 square feet. Taxes are $46,590.52 per square foot.

• Alternative Use

  Use

  Valuation

  Residential

  $31,901,362

  Hospitality

  $29,221,476

  Educational

  $24,311,926

  Medical

  $25,148,050

  Retail

  $37,818,552

Location Insight

City

Essex

County

Middlesex

State

Connecticut

Latitude

41.3397

Longitude

-72.4141

CBSA code

25540

CBSA name

HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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