1646 Litchfield Tpke, Woodbridge, CT 06525
- Retail space
- 10,723 SF
- 3.01 lot acres
Current Use by Public Records
- Jon D. Racow - Woodbridge State Farm Insurance Agent / Insurance Agency
- Invigor8 Your Energy Now, LLC / Association Or Organization
Property Details for 1646 Litchfield Tpke
- Year built
- 1965
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 3.01 lot acres
- Zone code
- BI
- Property type
- Retail space
- APN
- WBRD M:02701 B:01000 L:1646
- APU
- WBRDM02701B01000L1646
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 31, 2007 | $1 | RT Litchfield | Perrotti Ft | Grant Deed · related | — |
Description
This exceptional 4,000 square foot single-tenant retail space is ideally situated at the high-traffic intersection of Woodbridge and New Haven avenues, conveniently located just off Exit 59 of the Merritt Turnpike and Litchfield Turnpike. Built in 1965, this one-story building offers a versatile layout perfect for a variety of businesses. The property's BI zoning allows for diverse uses, including restaurants, banks, laundromats, convenience stores, or medical facilities. A key advantage is the potential for a drive-thru, significantly enhancing accessibility and customer convenience. All city utilities and gas are readily available. This endcap space benefits from high visibility and excellent access, placing it in close proximity to thriving businesses such as a recently opened Starbucks and Katz Deli. The property presents a unique opportunity for a business seeking a well-located, established space with significant growth potential. The building consists of a single, 4,000 square foot structure, offering ample space for a variety of business needs. This is a rare opportunity to establish a presence in a bustling commercial area with strong existing businesses and high foot traffic. Don't miss this chance to secure a prime retail location.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,540,000
- AI Estimate
- $1,362,000
Market price range: $679k - $1.56MMarket price range: $531k - $1.42M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,140,000 Current use
- RESTAURANT
- $1,570,000 Change: +38% Conversion: Easy
- COMMERCIAL (GENERAL)
- $1,320,000 Change: +16% Conversion: Easy
- OFFICE BUILDING
- $1,160,000 Change: +2% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $1,155,000 Change: +1% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $975,000 Change: -15% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Woodbridge
- County
- New Haven
- State
- Connecticut
- Longitude
- -72.9785
- Latitude
- 41.3398
- CBSA code
- 35300
- CBSA name
- NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
