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24 School St

14,417 SF 100% Leased Office Building East Granby, CT 06026 £1,326,253 (£92/SF)

Investment Highlights

  • Level lot, water, sewer and gas available, easy access to Route 20, I-91, Bradley Int Airport
  • Walk to town center

Executive Summary

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. A conceptual drawing has be generated for 109 apartments in 4 buildings. 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 Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
14,417 SF
Building Class
C
Year Built
1857
Price
£1,326,253
Price Per SF
£92
Percent Leased
100%
Number of Floors
3
Typical Floor Size
4,806 SF
Building FAR
0.03
Lot Size
10.79 AC
Zoning
VC - Village Center
  • Listing ID: 31393035

  • Date on Market: 02/04/2024

  • Last Updated:

  • Address: 24 School St, East Granby, CT 06026

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