1306 Boston Post Road $590,000

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    1306 Boston Post Road Madison, CT 06443

    Closed
    SOLD 12/2/2021

    $590,000

    • 7,200 sq. ft.
    • 0.39 Acres
    • Commercial
    • MLS# 170366294
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    Property Details

    Description

    Four-unit investment property, Great location on route one, close to I-95 and Hammonasset State Park. The building has a four-unit tenant occupancy, two of the four currently have tenants with long term lease agreements. The two vacant units, one can accommodate a small restaurant and the other recently updated with new carpeting, lighting and fresh paint. There are two levels, two units on each level. The two lower level units have a shared entrance in the front but separate back door entrances. Left lower unit is vacant and right side is a restaurants with propane tanks and well-ventilated equipment. The two upper level units have one private entrance located on both sides of the building and have a shared locked door between them. The left upper unit is vacant unit and the right upper unit is an Asian SPA massage business. The exterior of the building has paved lot with twenty- two parking spaces, landscape, and a wooden sign in the front. The location is great with the constant flow of traffic on route one, close to I-95 and other well-established businesses.

    • General Features
      • Zoning C
      • Year Built 1977
      • Neighborhood Hammonasset
      • Sq Ft Total 7,200
      • Acres 0.39
      • Bank Owned Property Y/N 0
      • Property Tax $9,942
      • County Or Parish New Haven
    • Building Features
      • Construction Description Brick,Aluminum
      • Cooling System Central Air, Window Unit
      • Heat Fuel Type Electric, Propane
      • Heat Type Baseboard
    • Property Features
      • Water Source Public Water Connected
      • Utilities Available Electric
      • Parking Total Spaces 0
      • Sewage System Septic
      • Road Frontage Description State Road
      • Garage Parking Info Paved
      • Lot Description LevelLot

    Neighborhood

    06443 (Madison) Demographics

    49 Median Age
    479 Population Density (per sq. mile)
    71% College Educated
    $113,798 Estimated Median Income
    5,919 Estimated Total Home Owners
    993 Estimated Total Renters
    86% / 14% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    18,113 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $585,000 Median Sales Price
    17 Homes Sold
    15 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $620,000 5.08%
        12/2/2021 3:00:00 AM Sold Source: Multiple Listing Service New Value: $590,000 -0.84%
        11/22/2021 12:19:00 AM Status Changed Source: Multiple Listing Service New Value: Under Contract
        9/22/2021 11:19:15 AM Status Changed Source: Multiple Listing Service New Value: Under Contract - Continue to Show
        8/27/2021 12:19:14 PM Price Reduced Source: Multiple Listing Service New Value: $595,000
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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.