1353 Boston Post RdMadison, CT 06443

Property Details for 1353 Boston Post Rd

Year built

1978

Construction

STEEL FRAME

Lot size

0.58 AC

Property size (Sq ft)

10,871 SF

Zone code

C

Property type

Office properties

Property subtype

Office buildings

APN

MADI M:31 B:37

APU

MADIM31B37

Description

This exceptional two-story, 11,800-square-foot office building, situated on a 0.58-acre lot in Madison, CT's Hammonasset Gateway neighborhood, presents a unique investment opportunity. The property, built in 1978 and renovated in 2018, offers flexible space ideal for medical, creative, or biotech/lab uses. Currently, there are two suites available, ranging from 1,000 to 6,760 square feet of vacant space. The first floor boasts renovated medical suites featuring exam rooms, offices, and ample waiting areas. The second floor provides a blank canvas for creative office space, flex space, or community areas. The building features 48 parking spaces and is conveniently located near I-95, Hammonasset State Park, and Salt Meadow Park. The property is zoned C and benefits from a 9-foot ceiling height. While there are no elevators currently, a full-floor lease allows for potential elevator installation and complete tenant build-out. The property's location offers easy access to major transportation routes and local amenities. Taxes are $27,035 per square foot. The building's power supply is 110 volts/100 amps/1 phase. This property is classified as Class B.

• CAP approach

  CAP return

  Valuation

  6%

  $2,134,894

  6.5%

  $1,970,671

  7%

  $1,829,909

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,420,405

  Geo Method

  $1,420,405

• Alternative Use

  Use

  Valuation

  Residential

  $2,443,632

  Hospitality

  $2,238,354

  Educational

  $1,862,284

  Medical

  $1,926,331

  Retail

  $2,896,886

Location Insight

City

Madison

County

New Haven

State

Connecticut

Latitude

41.275

Longitude

-72.5499

CBSA code

35300

CBSA name

NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].