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50 School House Rd
Old Saybrook, CT 06475
50 School House Road · Industrial Property For Sale
PROPERTY FACTS
Property Type | Industrial | Year Built/Renovated | 1960/1986 |
Property Subtype | Warehouse | Parking Ratio | 1.02/1,000 SF |
Building Class | C | Clear Ceiling Height | 25 ft |
Lot Size | 29.64 AC | No. Dock-High Doors/Loading | 9 |
Rentable Building Area | 292,857 SF | Level Access Doors | 1 |
Number of Floors | 1 | Cross Streets | Donnelly Rd |
Property Type | Industrial |
Property Subtype | Warehouse |
Building Class | C |
Lot Size | 29.64 AC |
Rentable Building Area | 292,857 SF |
Number of Floors | 1 |
Year Built/Renovated | 1960/1986 |
Parking Ratio | 1.02/1,000 SF |
Clear Ceiling Height | 25 ft |
No. Dock-High Doors/Loading | 9 |
Level Access Doors | 1 |
Cross Streets | Donnelly Rd |
Amenities
- Signage
- Air Conditioning
Utilities
- Gas - Natural
- Water - City
- Sewer - Septic Field
- Heating - Gas
About 50 School House Rd , Old Saybrook, CT 06475
Property tours are available by appointment ONLY. Please contact David Hansen (203-777-5996 or david.hansen@cbre-ne.com) or Matthew O'Hare (203-777-5990 or matthew.ohare@cbre-ne.com) to schedule. 50 School House Road (the "Property") is a ±281,500 SF Industrial Facility located in Old Saybrook, Connecticut. Built in 1960, the Property is situated on ±31.41-acres, just off the Connecticut Turnpike and U.S. 1. The facility is currently occupied by two tenants, Shore Power and Sound Manufacturing. Formed in 2004, Shore Power has been a tenant since 2010 and occupies ±26,154 SF. They design, build, install, and operate electrified parking spaces at truck stops, rest areas, travel plazas, warehouses, truck depots, terminals, shopping malls, businesses and other types of parking areas. Sound Manufacturing, who currently occupies ±80,292 SF, has exercised their option to vacate. Located in an I-1 zone, 50 School House Road is adaptable to various industrial users including assembly, warehousing and manufacturing occupiers. The Town of Old Saybrook is located in the southern part of Middlesex County and within the New Haven Labor Market (LMA). However, other areas of the Country are influenced by the New London or Hartford Labor Markets. The City of Middletown is the urban and business center of the County and the Connecticut River Valley, and is the largest employment center. Middlesex County is largely a suburban and residential area that provides housing alternatives for New Haven and Hartford employment centers. A description of Old Saybrook area demographics considered Middlesex County, which has fifteen towns and ±4.7% of the State’s population. Major employers in the Town of Old Saybrook include Stop & Shop (grocery), Gladeview Rehabilitation (health), Old Saybrook Board of Education, and the Town of Old Saybrook (local government). Old Saybrook is the hub of the Connecticut shoreline and Lower Connecticut River Valley. The town is centrally located along the Interstate 95 corridor and Route 9 (one of Connecticut’s central arteries) with convenient access to New Haven, New London, Middletown, and Hartford. Old Saybrook is accessible via the Old Saybrook Station serviced by Amtrak and Shoreline East trains. Regional airports include Bradley International Airport (54 miles) and Tweed New Haven Airport (±28 miles). Due to considerable tightening in the Connecticut industrial market over the last 18 months, 50 School House Road presents significant upside through the lease-up of ±255,346 SF of available space.
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PROPERTY TAXES
Parcel Number | OSAY-000027-000031 | Improvements Assessment | £2,047,913 |
Land Assessment | £1,665,036 | Total Assessment | £3,712,949 |
PROPERTY TAXES
zoning
Zoning Code | I-1 (Industrial 1) |
I-1 (Industrial 1) |
Listing ID: 10955902
Date on Market: 13/12/2017
Last Updated:
Address: 50 School House Rd, Old Saybrook, CT 06475
The Industrial Property at 50 School House Rd, Old Saybrook, CT 06475 is no longer being advertised on LoopNet.co.uk. Contact the broker for information on availability.