580 Hazard Ave Enfield, CT 06082-4225
- Showrooms
- 2,434 SF
- 0.57 lot acres
Current Use by Public Records
- Plan Administration Ltd / Insurance Agency
- Stangle & De Nigris Inc / Insurance Agency
Property Details for 580 Hazard Ave
- Year built
- 1954
- Construction
- FRAME
- Lot size
- 0.57 lot acres
- Property size
- 2,434 SF
- Zone code
- BL
- Property type
- Showrooms
- APN
- ENFI M:110 L:0345
- APU
- ENFIM110L0345
Description
This exceptional 2,434-square-foot freestanding office building presents a compelling owner-user or investment opportunity in Enfield, Connecticut. Situated on a 0.57-acre lot at 580 Hazard Avenue, this single-story, 1954-built structure boasts excellent visibility on Route 190, directly across from Scitico Plaza, ensuring high traffic exposure on a major east-west corridor in Northern Connecticut. The property, currently vacant and available for immediate occupancy (June 7, 2024), offers a full bathroom, a functional kitchen, multiple private offices, and substantial basement storage. A convenient horseshoe driveway provides ample parking for clients and staff. The building's previous occupants included a law office and an insurance agency, demonstrating its adaptability to a variety of commercial uses. Its location offers easy access to Interstate 91, Enfield's shopping centers, and the planned Enfield Square luxury apartment/mixed-use development. The property is zoned BL and presents a strong value-add investment opportunity. The building's size and features make it suitable for a range of businesses seeking a prominent location in a thriving area. This is a rare opportunity to acquire a well-located, versatile commercial property in a high-demand market.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $250,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $197,000
- AI Estimate
- $172,000
Market price range: $128k - $317kMarket price range: $91.3k - $296k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $225,000 Current use
- RETAIL STORES
- $280,000 Change: +24% Conversion: Easy
- OFFICE BUILDING
- $270,000 Change: +19% Conversion: Easy
- AUTO REPAIR, GARAGE
- $245,000 Change: +8% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Enfield
- County
- Hartford
- State
- Connecticut
- Longitude
- -72.5117
- Latitude
- 41.9851
- CBSA code
- 25540
- CBSA name
- HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA