291 Terryville RdBristol, CT 06010

Property Details for 291 Terryville Rd

Year built

1955

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.58 AC

Property size (Sq ft)

1,224 SF

Zone code

I

Property type

Retail properties

Property subtype

Other automotive properties

APN

BRIS M:67 L:19A

APU

BRISM67L19A

Description

This exceptional 1,224 square foot property, located at 291 Terryville Road in Bristol, Connecticut (zip code 06010), presents a unique opportunity for businesses seeking versatile space. Currently configured as a special purpose building with industrial and commercial applications, this property is offered at an asking price of $400,000. The building features a two-bay garage, ideal for storage or workshop use, complemented by a second-floor office providing administrative space. Situated in the Naugatuck Valley county, this location offers excellent accessibility and visibility. The property is classified as industrial land and is suitable for a variety of manufacturing and commercial enterprises. The absence of individual units makes this a blank canvas for customization, allowing businesses to tailor the space to their specific needs. This is a rare opportunity to acquire a well-positioned property in a thriving Connecticut market. The property's size and layout offer a balance of practical workspace and convenient office amenities, making it an attractive option for a range of businesses. Serious inquiries are encouraged to explore the potential of this versatile property. The property is zoned for commercial and manufacturing uses.

• CAP approach

  CAP return

  Valuation

  6%

  $297,475

  6.5%

  $274,592

  7%

  $254,978

• Comparable approach

  Method

  Valuation

  Relative Method

  $403,018

  Geo Method

  $403,018

• Alternative Use

  Use

  Valuation

  Residential

  $231,629

  Hospitality

  $212,171

  Educational

  $176,523

  Medical

  $182,594

  Retail

  $274,592

Location Insight

City

Bristol

County

Hartford

State

Connecticut

Latitude

41.6707

Longitude

-72.9756

CBSA code

25540

CBSA name

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

Property Tax & Assessments

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