24 School St, East Granby, CT 06026
14,417 SF | 100% Leased | Office Building | East Granby, CT 06026 | $2,880,000 ($200/SF)
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $2,880,000
- Property Type
-
Office
- Square Feet
- 14,417 SF
- Price / Square Foot
- $200
Listing Contacts
Nancy Reardon
Verified Profile
- Property Info
Property Overview
The Master Plan for the Village Center in East Granby includes the welcomed up-zoning of the central area to attract investment, create vibrancy, and the demand required to support existing businesses and attract new investments. East Granby is encouraging new development, higher density multi-family housing, both in and near the Village Center.
The 24-30 School Street offering is located at the Rt. 20 node gateway to the developing Village Center. Zoned VC, this highly unique 10.8-acre assembly has roughly 7 acres net of wetlands and setbacks. The anticipated development opportunity will allow multifamily with 2 Br units, not exceeding 50% of the total DU, no units greater than 3 BR, and the 3 Br units not exceeding 25% of the total DU. The height restriction has been raised to 2 ½ stories or 40 ft. with a maximum coverage ratio of 80%. The Permitted Uses in VC zone also include retail, business offices, banks, and full-service restaurants. Conveniently situated minutes from Bradley International Airport, between Hartford, Connecticut and Springfield, Massachusetts, this site offers a rare opportunity to get into a growing market on the ground floor. Access to public MDC water, East Granby WPCA sewer and natural gas are to the edge of the site.
The 24-30 School Street offering is located at the Rt. 20 node gateway to the developing Village Center. Zoned VC, this highly unique 10.8-acre assembly has roughly 7 acres net of wetlands and setbacks. The anticipated development opportunity will allow multifamily with 2 Br units, not exceeding 50% of the total DU, no units greater than 3 BR, and the 3 Br units not exceeding 25% of the total DU. The height restriction has been raised to 2 ½ stories or 40 ft. with a maximum coverage ratio of 80%. The Permitted Uses in VC zone also include retail, business offices, banks, and full-service restaurants. Conveniently situated minutes from Bradley International Airport, between Hartford, Connecticut and Springfield, Massachusetts, this site offers a rare opportunity to get into a growing market on the ground floor. Access to public MDC water, East Granby WPCA sewer and natural gas are to the edge of the site.
Property Details
- Class
- C
- Year Built
- 1857
- Stories
- 3
- Lot Size (sq. ft)
- 470,012 SF
Highlights
- Level lot, water, sewer and gas available, easy access to Route 20, I-91, Bradley Int Airport
- Walk to town center
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