Mixed-Use Property with Apartment
For Sale
Contact for pricing
Pending
740 Enfield Street, Enfield, CT 06082
4,000 SF commercial building with apartments and storefronts.
Property Size9,718 SF
Lot Size0.22 Acres
Days on Market2075
Property Features for 740 Enfield Street
General Information
Standard status
Pending
Size
9,718 SF
Lot size
0.22 Acres
Property subtype
Special Purpose
Listing Agency:
Century 21 Allpoints Realty
(860) 621-8378
Listed By:
Henry Foley · License #CT
Source:
Crexi
Added: Dec 26, 2020
Changed: Aug 8
Last Checked: Jul 24 at 4:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Allpoints Realty
Investment Insights
Based on property information with market context.
This property features a 4,000 square foot brick commercial building with a new roof and central air. A five-apartment building next door is included in the sale, featuring two small storefronts. All units are currently rented with good tenants. The property includes a one-car garage in the back, along with a three-car garage. A driveway is accessible from Route 5 and Alden Ave, with parking available in both the front and rear. The town owns a small rectangular piece on the corner. The property benefits from city water and city sewer services. It is being sold AS IS. Annual taxes are $10,345.46, with a water bill of $332.13 every three months and a landlord electric bill of $61.16 per month. Connecticut tenants are responsible for all utilities, while the landlord covers water and sewer. The 4,000 square foot building, equipped with central air, is suitable for various uses such as warehouse or storage. This corner location offers a great place to start a new venture, with rental income to help offset costs. The property size is 9,718 square feet.
Key Highlights
- Diverse income streams from a 4,000 sq ft commercial building and a 5‑apartment building with two storefronts.
- Prime corner location with driveway access on Route 5 and Alden Ave, plus front and rear parking.
- All apartment units and storefronts are currently rented with good tenants, providing immediate income.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
686
Businesses Nearby
Explore this area
Business Placement
Demographics for 06082, CT
42,141
Population
17,457
Households
2.4
Avg Household Size
42
Median Age
31%
College-Educated
94%
High-School Grad
33.3 sq mi
ZIP Area
1,265
Density / Sq Mi
$91,141
Median Household Income
$53,102
Median Earnings
$1,481
Median Rent
$239,800
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - 4,000 SF commercial building with apartments and storefronts.
Where is this mixed-use property located?
The property is located at 740 Enfield Street Enfield, CT.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Diverse income streams from a 4,000 sq ft commercial building and a 5‑apartment building with two storefronts.; Prime corner location with driveway access on Route 5 and Alden Ave, plus front and rear parking.; All apartment units and storefronts are currently rented with good tenants, providing immediate income.
