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16 Commerce Circle

Durham, CT 06422
  • $1,200,000
  • STATUS: Active
  • MLS #: 170440046
UPDATED: 227 min ago
$1,200,000
  • 0
    BEDS
  • 2.53
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 15,500
    SQFT
  • $77
    $/SQFT
Type:
Commercial
Built:
1989
County:
Area:

School Ratings & Info

Description

***Fully Leased*** 8.5% Cap Rate. Harding Commercial Real Estate is proud to bring this industrial property in beautiful Durham, Connecticut to market. The property consists of two separate buildings on a 2.53 acre parcel in a zone that allows for most any industrial or commercial use. The property owners built the two structures themselves and have operated their construction business out of a portion of the property since then. Their extreme care and pride in ownership is apparent in all aspects of the property. Building one is 7,500sf and is located at mailing address 16 Commerce Circle. The building is fully leased currently providing immediate income to a new owner. Building two is 8,000sf and is located at mailing address 36 Commerce Circle. This building is fully leased as well. The surrounding area is filled with scenic nature views despite being easily accessed via Interstate 91. The property is also in very close proximity to the expansive beauty of Lyman Orchards' Golf Courses, Apple Orchard & Farm Store.

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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2022 SmartMLS, Inc. Data last updated: 2022-01-20T00:09:42.363.
www.spectrumrec.com/homes/121718927
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16 Commerce Circle Durham, CT 06422

  • Price: $1,200,000
  • Status: Active
  • On Site: Days
  • Updated: 227 min ago
  • MLS #: 170440046
0
Beds
0
Baths
0
½ Baths
2.53
Acres
15,500
SQFT
$77
$/SQFT
1989
Built
County:
Middlesex
Area:
Durham
Property Description
***Fully Leased*** 8.5% Cap Rate. Harding Commercial Real Estate is proud to bring this industrial property in beautiful Durham, Connecticut to market. The property consists of two separate buildings on a 2.53 acre parcel in a zone that allows for most any industrial or commercial use. The property owners built the two structures themselves and have operated their construction business out of a portion of the property since then. Their extreme care and pride in ownership is apparent in all aspects of the property. Building one is 7,500sf and is located at mailing address 16 Commerce Circle. The building is fully leased currently providing immediate income to a new owner. Building two is 8,000sf and is located at mailing address 36 Commerce Circle. This building is fully leased as well. The surrounding area is filled with scenic nature views despite being easily accessed via Interstate 91. The property is also in very close proximity to the expansive beauty of Lyman Orchards' Golf Courses, Apple Orchard & Farm Store.
Exterior Features

Construction Description Block Lot Description Corner Lot Parking Total Spaces 0 Road Frontage Description Paved Road Roof Information Tar/Gravel

Interior Features

Cooling System Ductless Heat Type BaseboardOther

Property Features

Bank Owned Property Yn No Commercial Category IndustrialInvestment Documents Available Other Garage Parking Info None Heat Fuel Type ElectricOil Location Industrial Park Possession Availability 11/1/21 Potential Short Sale Yn No Potential Use Heavy Industrial Present Use Industrial Property Tax 18303 Sewage System Septic Sign Yn No Tenants Number Of 6 Utilities Available Electric Water Source Private Well Zoning Hid

Listing information © 2022 Smart MLS
Listing provided courtesy of Patrick Harding of Harding Commercial Real Estate.


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2022 SmartMLS, Inc. Data last updated: 2022-01-20T00:09:42.363.
 
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