1480 Monroe TpkeMonroe, CT 06468
- Industrial properties
- 12,424 SF
Property Details for 1480 Monroe Tpke
- Year built
- 1945
- Construction
- FRAME
- Lot size
- 2.00 AC
- Property size (Sq ft)
- 12,424 SF
- Zone code
- RF2
- Property type
- Industrial properties
- Property subtype
- Other industrial properties
- APN
- MONR M:145 B:023 L:00
- APU
- MONRM145B023L00
Description
Exceptional investment opportunity: a 12,424 square foot, two-story manufacturing building situated on a 4.01-acre lot in Monroe, Connecticut. This property, located at 1480 and 1488 Monroe Turnpike, features two loading docks and is zoned COMM and R-2, allowing for commercial and residential uses. The main building, a 12,424 square foot brick structure on 2 acres, includes offices and large adaptable rooms. An additional 2 acres of level land (1488 Monroe Turnpike) adjoins the main building and includes an existing septic system servicing the building's half-bathrooms. Built in 1945, this property offers significant potential for redevelopment or continued use as a manufacturing facility. The asking price is $1,500,000, translating to $120.73 per square foot. The property's versatile zoning and ample space present a unique opportunity for a variety of commercial and/or residential projects. This is a rare chance to acquire a substantial property in a desirable Fairfield County location. The property is currently vacant.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $2,351,107
- Hospitality
- $2,153,601
- Educational
- $1,791,771
- Medical
- $1,853,393
- Retail
- $2,787,199
Location Insight
- City
- Monroe
- County
- Fairfield
- State
- Connecticut
- Latitude
- 41.3792
- Longitude
- -73.1916
- CBSA code
- 14860
- CBSA name
- BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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