5 Magauran DrUnion, CT 06076

  • Other commercial real estate
  • 4.56 AC
For Lease

Property Details for 5 Magauran Dr

Lot size
4.56 AC
Zone code
AAA
Property type
Other commercial real estate
APN
STAF M:33 L:005
APU
STAFM33L005

Description

This exceptional two-building office complex, totaling 10,500 square feet, presents a unique investment opportunity. Situated on a five-acre lot at 5-7 Magauran Drive, with convenient access from RT-190 and Chestnut Hill Rd, the property boasts seven suites, with one immediately available, ranging from 970 square feet. The complex underwent a complete renovation in 2013, featuring new HVAC systems and water heaters in each suite. The building's Class B designation reflects its well-maintained condition and attractive features. Each suite offers a modern, efficient layout, ready for immediate occupancy, saving significant build-out costs. The property includes 90 parking spaces, providing ample convenience for tenants and visitors. The 8-foot ceilings and multiple operational windows contribute to a bright and comfortable workspace. The property's zoning is BP, and its proximity to Johnson Memorial Hospital makes it an ideal location for medical offices or other professional practices. The adaptable space is suitable for various office uses, including medical, executive, creative, and traditional office settings, as well as daycare facilities. This turnkey solution offers immediate occupancy and significant cost savings compared to building out a new space. The existing infrastructure, including a 100-amp power supply, ensures a smooth transition for new tenants. The property's 1976 construction, coupled with the 2013 renovation, guarantees a blend of character and modern functionality.

5 Magauran Dr, Union, Connecticut
Leaflet | © OpenStreetMap contributors

Location Insight

City
Stafford Springs
County
Tolland
State
Connecticut
Latitude
41.98
Longitude
-72.389
CBSA code
25540
CBSA name
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$14,809
$43,750
$339,990
$383,740
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