699 Enfield StEnfield, CT 06082

Property Details for 699 Enfield St

Year built

2013

Construction

FRAME

Lot size

0.66 AC

Property size (Sq ft)

5,750 SF

Zone code

BL

Property type

Other commercial real estate

Property subtype

Showrooms

APN

ENFI M:029 L:0035

APU

ENFIM029L0035

Description

This exceptional 5,750 square foot retail property, located at 699 Enfield Street in Enfield, Connecticut (zip code 06082), presents a compelling investment opportunity. Built in 2013, the building sits on a 0.66-acre lot and boasts 10-foot ceilings, creating a spacious and modern environment. The property is zoned BL-Commercial, allowing for a variety of commercial uses. Its prime location offers excellent visibility and high traffic counts, ensuring significant exposure for any business. Ample parking is available for customers and employees. The versatile space is suitable for a wide range of retail businesses and provides the opportunity for prominent signage. The property's newer construction and desirable location combine to create a highly attractive offering. Potential buyers may also find SBA financing available, making this property even more accessible. This is a rare opportunity to acquire a well-located, modern retail space in a thriving Connecticut market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,397,451

  6.5%

  $1,289,954

  7%

  $1,197,815

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,893,263

  Geo Method

  $1,893,263

• Alternative Use

  Use

  Valuation

  Residential

  $1,088,125

  Hospitality

  $996,717

  Educational

  $829,256

  Medical

  $857,776

  Retail

  $1,289,954

Location Insight

City

Enfield

County

Hartford

State

Connecticut

Latitude

42.0048

Longitude

-72.5921

CBSA code

25540

CBSA name

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

Property Tax & Assessments

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