1850 Silas Deane Hwy Rocky Hill, CT 06067
- Office Properties & Spaces
- 7,500 SF
- 1.00 lot acres
Current Use by Public Records
- AJC Insurance / Insurance Agency
- Global Care Companion and Homemakers / Home Health Care Service / Home Help Service Agency
- New England Personnel-Hartford / Employment Agency
- Compass Engineering Group / Engineer
Property Details for 1850 Silas Deane Hwy
- Year built
- 1975
- Lot size
- 1.00 lot acres
- Property size
- 7,500 SF
- Zone code
- C
- Property type
- Office Properties & Spaces
- APN
- ROCK M:04 L:411 U:B-1819
- APU
- ROCKM04L411UB1819
Description
This exceptional 7,500 square foot office building condo in Rocky Hill, Connecticut, presents a compelling investment opportunity. Located at 1850 Silas Deane Highway, this two-story, 1981-built property boasts high visibility due to its frontage on Silas Deane Highway, conveniently situated near a traffic light at the Kohl's entrance. The entire building comprises a single condominium unit, offering flexibility for a variety of uses. The property includes prominent monument signage, enhancing its marketing potential. Currently, 5,004 square feet are available for lease within the building, providing immediate income potential for an investor. The building is suitable for multiple tenants, with a minimum divisible space of 1,504 square feet and a maximum contiguous space of 1,900 square feet. Situated on one acre of land in Hartford County, this property offers a blend of convenience, visibility, and income-generating potential. The building's traditional office layout provides a functional and adaptable space for various business needs. This is a rare opportunity to acquire a well-located, fully leased office building condo in a thriving Connecticut market. The property's strategic location and strong visibility make it an attractive investment for both owner-occupiers and investors seeking a stable income stream. The zip code is 06067.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $590,000
Market price range: $530k - $1.16M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $825,000 Current use
- RETAIL STORES
- $865,000 Change: +4% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $790,000 Change: -5% Conversion: Easy
- AUTO REPAIR, GARAGE
- $750,000 Change: -9% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $690,000 Change: -17% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Rocky Hill
- County
- Hartford
- State
- Connecticut
- Longitude
- -72.649
- Latitude
- 41.6764
- CBSA code
- 25540
- CBSA name
- HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA